Coffina: Stocks Still Best Vehicle for Long-Run Wealth
It's unlikely we'll see the 6.5% long-run real returns of the past decades, but 4.0%-5.5% returns going forward shouldn't disappoint investors, says StockInvestor editor Matt Coffina.
Jeremy Glaser: For Morningstar, I’m Jeremy Glaser. I’m joined today by Matt Coffina; he is the editor of Morningstar StockInvestor. He has recently completed some research into what's driven stock returns over time. We’re going to talk to him about what some of those factors are, and also his expectations for returns going forward.
Matt, thanks for joining me today.