[DuncanWaring]

Stock brokers/investment managers like to claim that the market averages 7% per year, long term.

At 7% per year, it will double roughly every decade.

Given that the DJIA was around 1000 in 1980, at 7% per year, it should hit 16000 around 2020.

It could drop 8000 and be where it should be given the historical average.

Would have people jumping out of windows, but it would be where the long-term average would have it.

[CincyRichieRich]

Stock brokers/investment managers like to claim that the market averages 7% per year, long term.

At 7% per year, it will double roughly every decade.

Given that the DJIA was around 1000 in 1980, at 7% per year, it should hit 16000 around 2020.

It could drop 8000 and be where it should be given the historical average.

Would have people jumping out of windows, but it would be where the long-term average would have it.
...
Give me your best explanation why it is tanking day after day.

[sparklite2]

Historically, stocks returned ten percent a year and bonds five percent. It does seem to be less the last twenty years, though.

[BipolarBob]

Would have people jumping out of windows,

What should I do? My window is only 2 feet off the ground. That ain't gonna help.