Inflation from 2005 to 2014 was 20.9%. Stock Market (per the DJIA) was 10,717.5 on Dec 30 2005. It closed yesterday at 18,062.15. This seems considerably higher than the 20.9% Inflation rate over the same period of time. I guess I don’t understand the meaning of bupkis.
The really interesting thing is the number of people I know who have been out of the market for the past 5 or 6 years, convinced that the great depression was going to come at any moment.
I have a conservative portfolio due to my age. My stocks have risen but I don’t see it keeping up with inflation