03-09-2012, 02:56 PM
(21-06-2012, 12:23 AM)d.o.g. Wrote: ...
3. Historical volatility is high. I have never had an "average" year where returns were 20-21%. Sometimes it was much higher, sometimes much lower, even negative (2007, 2011) (edit: 2008, 2011).
...
Not sure is there a pattern of the market or coincidence. 2008 and 2011 are negative for me as well. Overall XIRR >10% on average.