Hi Stephen,The figure quoted, 10%, was just an easy number to...

Hi Stephen,

The figure quoted, 10%, was just an easy number to illustrate the formula.

Your average return of around 9% over 10 years seems very reasonable.

Will there be a substantial correction sooner or later? It's an unknown, but surely something has to snap?

I hold to the belief that the central planners around the world, as a result of their interventionist policies, are struggling to hold together a crumbling edifice of their making; one that they built upon sand; and their problems are seriously aggravated by their reaction to the coronavirus.

As a result of their interference, it's very difficult to anticipate and plan with any degree of confidence.

And they're so capricious. Their policies might be likened to a ball-bearing in a pin ball machine (I live in Western Australia, as this sentence signally suggests).

If the legislators minded their own business, and allowed business to mind it's own business, the world's economies would be in fine shape.

Anyway Stephen, I wish you well.