In the 10 years that ended Sept. 30, the average annual return on stocks was a paltry 1.9%.
Not only is that far below the historical average of 8.9%, it wasn't even enough to keep up with inflation. Yes, if your portfolio tracked the market for the past 10 years, you've actually lost ground.
And even that 8.9% historical average return on stocks since 1928 is actually just 5.85% after accounting for inflation. While that's better than losing ground, it's not a very effective way to build wealth.
But what if you had access to the advice of experts that could provide you with stock picks that deliver much juicier returns – not over the course of decades or years but in a matter of months, weeks, or in some cases days?
Well, you can have access to such experts every day by subscribing to our new Private Briefing service. In every edition of Private Briefing Executive Editor Bill Patalon shares insights and stock picks from a team of global investing gurus that will help you create wealth far more quickly than sitting back and waiting for the markets to inch higher.
Since its inception in August – less than three months ago – Private Briefing has supplied its readers with winning picks like this: 10.47% on a retailing stock, 9% on a tech stock, 14% on an oil stock, and an amazing 21.4% on a country fund.
That's a lot better than waiting a year for a 1.9% average return.
For only $5 a month, you can have access to the same sort of investing expertise that could cost hundreds or even thousands of dollars anywhere else.
For more information on Private Briefing, click here.
About the Author
Dave has been a journalist for more than 35 years, including 18 spent at The Baltimore Sun. He has worked as a writer, editor, and page designer at different times in his career. He's interviewed a number of well-known personalities - ranging from punk rock icon Joey Ramone to Apple Inc. co-founder Steve Wozniak.
Over the course of his journalistic career, Dave has covered many diverse subjects. Since arriving at Money Morning in 2011, he has focused primarily on technology. He's an expert on both Apple and cryptocurrencies. He started writing about Apple for The Sun in the mid-1990s, and had an Apple blog on The Sun's web site from 2007-2009. Dave's been writing about Bitcoin since 2011 - long before most people had even heard of it. He even mined it for a short time.
Dave has a BA in English and Mass Communications from Loyola University Maryland.