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The Imperative Of Long-Term Returns

Much of what is said and written about investing is speculation. This is the natural result of the shortterm focus of our emotions and the financial news. Even the rate of return one has achieved in the past several years is just a moment in time relative to one’s long-term investment horizon. Realistically, anyone trying to assess investment returns will want a history of at least five years, and preferably ten, to begin the task.

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