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The majority of financial advisors are idiots, annual return on the S&P500 since 1998? is -minus 1%?, what happened to money doubling every 8 years? what happened to an average annual return of 8%, is the S&P 500 not diversified enough


I dont know where some folks are getting their info but the S&P500 since 1988 till the 2008 annual return is approx +16% but during the last 5 yrs it has slipped...