You'll need to use annualized return ratio, not the simple "average", which is meaningless.
The annualized rate is much lower (at 8% or so)
For S&P index, which is a broader measurement of the market, from 1994-2012, annualized raturen is 7.7%.
You'll need to use annualized return ratio, not the simple "average", which is meaningless.
The annualized rate is much lower (at 8% or so)
For S&P index, which is a broader measurement of the market, from 1994-2012, annualized raturen is 7.7%.