"Conventional stock-market wisdom holds that if investors buy a broad range of stocks and hold them, they will do better than they would in other investments. But that rule hasn't held up for stocks bought in the late 1990s or 2000.
Over the past nine years, the S&P 500 is the worst-performing of nine different investment vehicles tracked by Morningstar, including commodities, real-estate investment trusts, gold and foreign stocks.
Big U.S. stocks were outrun even by Treasury bonds, which historically perform much less well than stocks.
Adjusted for inflation, Treasurys are up 4.7 percent a year over the past nine years, and up 5.8 percent a year since the March 2000 stock peak. An index of commodities has shown about twice the annual gains of bonds, as have real-estate investment trusts.
Stocks also underperformed other investments during the 1930s and the 1970s. During both of those periods, stocks would rally strongly, only to fade. It took well over a decade in each case for stocks to move lastingly upward."
SourceI honestly didn't realize just how bad stocks had got over the past decade. This rather surprised me. The source sounds legit, it appears to come from the Wall Street Journal.
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