As a result, low - P / E stocks don't
always provide high returns.
However, as a Gerstein Fisher study found, the cheapest funds may not
always provide the highest returns:
Even so, over periods of 20 years or longer equities have
always provided the highest returns.
A focused market almost
always provides higher returns than a mass market because you meet a very specific set of needs.
Not exact matches
The advisors who quote the statistic («dividends
provide x % of total
returns»)
always present it as a reason to prefer dividend - paying stocks, implying
higher returns will result.
If you hear about an investment that has been
providing high returns, remember that
high returns always involve
high risks, and that past performance is not an indicator of future performance.