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← Equities Over the Long Run
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Question
What did Siegel's research find about US equity performance over every 20-year holding period since 1802?
1
Equities outperformed bonds in roughly two-thirds of all 20-year periods
2
Equities outperformed bonds, cash, and gold in real terms in every 20-year period studied
3
Equities outperformed only in periods with below-average inflation
4
Equities matched inflation in every 20-year period but rarely produced real gains
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