This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The
A reasonable estimate based on dividend yields, potential earnings growth, and current P/E ratios suggests a 7% annual return forstocks over the next 10 years, says the Vanguard founder.
October data show continued inflows forbonds (including riskier fixed-income assets), while investors withdrew money from U.S. stock mutualfunds and ETFs .