Are They Right or Are They Wrong?

The S&P 500 still annualized 11% per year over that time period. Vanguard said back in the 2011 period that you could count on about five and a half percent per year. Bo, before I give my why, do you have some additional thoughts on why they do this stuff? We've seen all of these things happen since 1970. And here's what I do know. Guys, these predictions are not that valuable.