Stocks have beaten bonds and T-bills over the long run, but that's only because the stock market has had a few great years. There have been many periods of time when stocks have under performed bonds and T-bills. Of course, we all know past performance is no guarantee of future results. But the fact remains that during the past 70 years, stocks have been a highly rewarding investment for the long term - and usually the short term as well. The statistics cited in this report have been obtained from sources we believe to be reliable, but we cannot guarantee their accuracy or completeness.
Past performance is no guarantee of future results.
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