October 20, 2016
It’s been a great stretch for investors. Stocks have gained more than 250% in the bull market that stretches all the way back to 2009.
I am always a big believer that dollar cost averaging-investing on a regular basis-is a great strategy for long-term investors. So don’t take what I am about to say as a reason to give up on stocks: Returns over the next seven to 10 years probably won’t be as good as what we’ve had the past seven years.