Applying Warren Buffett’s 7% Figure to Your Retirement
– thesimepledollar.com
A few weeks ago, I discussed a Bloomberg article about Warren Buffett’s projections for the stock market over the long term. Here’s a refresher on what Buffett said:
“The economy, as measured by gross domestic product, can be expected to grow at an annual rate of about 3 percent over the long term, and inflation of 2 percent would push nominal GDP growth to 5 percent, Buffett said…
“The economy, as measured by gross domestic product, can be expected to grow at an annual rate of about 3 percent over the long term, and inflation of 2 percent would push nominal GDP growth to 5 percent, Buffett said…
Make Time To Think Differently
– financialsamurai.com
The stock markets surged to new highs on May 3, 2013 in large part because the Labor Department said the economy added 165,000 jobs in April, 15,000 more than consensus expectations. 15,000 more jobs is a rounding error in a nation of millions, but we’ll take it if we can see billions more wealth created!
Just think about this situation for a little bit…
Just think about this situation for a little bit…