So you add nearly 2 % of after - tax return per annum if you only achieve an average
return by historical standards from common stock investments in companies with low dividend payout ratios.
So you add nearly 2 % of after - tax return per annum if you only achieve an average
return by historical standards from common stock investments in companies with tiny dividend payout ratios.
Not only have US stocks significantly outpaced Canada and the rest of the world (albeit with low
returns by historical standards), but the US dollar appreciated more than 1 % annually, which boosted returns for Canadian investors who did not use currency hedging.
Not exact matches
On top of that, with stock prices already so high (even after this sell - off, they're still high
by historical standards),
returns going forward might not be as great as what we've experienced the past few years.
Different versions of risk are usually measured
by calculating the
standard deviation of the
historical returns or average
returns of a specific investment.
Stocks are expected to
return 5.2 %, which is low
by historical standards.
At least for the intermediate term, he says, investors will very likely have to accept low
returns on fixed - income assets
by historical standards.
That's not cheap
by historical standards, which raises a key question: What
return can investors expect from here?
With interest rates still terribly low
by historical standards, it seems stocks are the only place to get any type of
return.
While
return dispersion is low, dispersion of valuations remains relatively wide
by historical standards... Furthermore, there has been a strong relationship between valuation spreads and subsequent outperformance of value stocks (relative to glamour stocks).
Lending rates and fixed - income rates of
return will still be very low
by historical standards, inducing continued levered purchases of real estate assets.