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Don’t Make Me Say I Told You So 147
The Dow closed above 15,000 just two years later on May 7,
2013. 11
May 7,
2013
15,000
Additionally, 71% of respondents didn’t think stocks would rise
an average of 7% per year for the next 10 years.
71% thought stocks
wouldn’t rise more than
7%
This is despite the fact that the average annual total return
for stocks has been 10.1% from 1926 to the end of 2013. 12
Dow Average
Annual Returns
10.1%
Chapter 4: The Most Common Investor Mistakes
