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Full Version: Historical Returns by Holding Period
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http://www.ritholtz.com/blog/2013/07/his...ing-period

by Barry Ritholtz - July 29th, 2013, 11:30am

[Image: range.png]

Source: J.P. Morgan

I am starting to take a closer look at Equity valuations — but before we do the deep dive into that issue, lets quickly see how different asset classes have returned over various rolling holding periods.

[Image: power.png]

JP Morgan Guide to the Market Q2 2013
It seems "Discussions on Value Investing" is more appropriate than "Others". Thread moved.

Interesting info, especially gold and equity were having the similar return over 20 years...
I think it's even more interesting that REITs as an investment class has done so well over 20 years.
Also brings home the point that one must look at Total Return and not just the level of the index when measuring returns. Too many retail investors only look at price changes.
if you are a Howard Marks fan, then should use the chart above as contrarian indicator.
Just wondering about the 1yr and 5yr chart. Why is 50-50 ends up lower return than bonds?

Why is it that with such returns from the different assets, retail investors average return is so much lower? All are lousy assets pickers?