The average annual stock market
return over the last century is a case in point.
Not exact matches
In related news, John Bogle, founder of Vanguard, told Bloomberg in a separate interview he agreed with Gross that investors should expect lower long - term
returns than average
returns produced
over the
last century.
* 6 % is a conservative estimate of the average annual
return of the stock market
over the
last century, adjusted for inflation.