If you ask any financial advisor, investment firm, or just consult conventional wisdom on where to invest any extra money you might have for a medium to long period of time, the advice will be to invest in the stock market since it provides the highest annual returns over the long term. That return, you will be told is about 10%. But that number has significant problems.

Author Archives: Alan Calandro
Alan Calandro is a life-long unaffiliated voter and former director of the legislature’s nonpartisan Office of Fiscal Analysis.
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