The market averages about 12 percent a year.
It almost never returns 12 percent.
2 of 20
calendar years the Nifty actually landed near its own average
A friend told me his plan was simple. Park the money, collect the average, roughly 12 percent a year. Sound plan. One problem. I pulled twenty years of the Nifty and went looking for the average year. The year where it just quietly did its 12. Found it twice. Every other year it was either sprinting or bleeding. The average is real. The average year is a ghost.