Why A Really Long Term Perspective Is Needed In InvestingRupert Hargreaves
Investors are always being told they need to invest with a long term perspective. This statement is usually backed up with so-called long term data, which goes back ten years or maybe 15. But when you’re investing for life, a timeline of 10 or 15 years is basically short-term. Real long term data would go back 40 or even 60 years. Luckily, there is one source that contains such an extensive data-set for Long Term Investing, and this is the Credit Suisse Global Investment Returns Yearbook.
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