Not a fan of basing my future on sliced and diced analyses of old financial data.
That is an interesting comment. Does not make sense to me. I geek out for this kind of quality data, there are such great insights if you dig in.
We only know the past. Future is unknowable. We base our lives from what we know from the past and projecting what it can be in the future.
The data are fun to play with and I’ve enjoyed it too.
I do not base my financial plans on these data because I do not believe past performance on stocks and bonds are indicative of future results. We’re in a completely different world than we were back then and changes in the world may have a huge impact on returns.
Since I have to do SOMETHING, I assume future returns will be a good deal lower than the past and if I die with money to give to my heirs…all the better for them.
I may fail and run out of money too. Who knows?