2min chapter

Many Happy Returns cover image

Passive Power: Do Index Funds Hurt the Economy?

Many Happy Returns

CHAPTER

Analyzing the Long-Term Performance of Bonds and Stocks

This chapter explores the real yields of bonds and stocks, highlighting the average real total returns of stocks in the US and UK. It discusses the potential attractiveness of government bonds with a 4% real return and the possibility of bonds surpassing stocks with a 6% real return.

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