[expat_panama]

Wheeler seems to be a genius at getting others to say he's a genius, but I didn't see saying anything there to help with investing (I have no idea...).   What we're left with is that for the past 200 years stocks have been going up (200 year history here) and we can expect the trend to continue unless something happens that's really really different.

[steve86]

What we're left with is that for the past 200 years stocks have been going up

I assume you caught the point that doesn't always happen in the second half of -7 years.

You can play the seasonal probabilities or ignore them, that's up to you, but I can guarantee you won't be around 200 years from now to take advantage of the fictional "Total Nominal Return Indexes" in your chart, which is made up of an ever-changing mix of stocks that no one would ever actually invest in even if they were to live eternal. Doggy stocks are dropped from indexes over time which inflates their performance artificially, not to mention that fact that nominal returns are meaningless in a world with inflation.