1) Peaks – There have been ten-year periods when investors have earned about 20% per year. a. Since the Depression, there have been two such peak periods. b. These peak periods were the ten years ending in 1958 and more recently in1999. c. During these times, investors tend to b
1) You are an owner of companies that provide customers with goods and services. 2) Your return comes from their success and is payment for sharing their risk of failure. 3) Their success is reflected in their market values and the dividends they pay you 4) As a business owner, yo