The comparable average return from
stocks during the same time period was just under 8 % per annum.
Not exact matches
The
stock market, on the other hand, has returned an average of over 10 % annually
during the
same time period.
Canadian
stocks (as measured by the S&P / TSX 60 Index), on the other hand, had returned 3.72 percent and 8.45 percent respectively
during the
same time periods albeit at a much higher volatility including a significant
stock market crash.
Now, to paint a fair picture, I did invest in HP
stock through employee
stock purchases
during this
same time period, and HP
stock increased by about 800 % (9
times) in those 8 years.
Yes, there are many such defensive FMCG companies are there which will offer around 5 % -10 % annualized return even
during while market corrected by 50 % or more, at the
same time keeping such
stocks during bull
period won't offer above average return..
Some of those
stocks also generated multibagger return (3 - 4
times)
during the
same period.
Similarly,
during the
same period, companies linked to Bitcoin saw the value of their
stock surge to all -
time highs.