Below is a chart reflecting the change in my investments in the last year.
Since I am long retired, I am invested more conservatively than younger people saving for their future. Over 40% is invested in mutual bond funds.
Someone younger workers with long-term goals should have much better results.
Things have gone pretty well. While about 40% of Americans are not invested in the stock market- they should be – most Americans are affected by markets.
If you have a pension, a 401k, IRA or other retirement vehicle, you are affected.
You are indirectly affected because states fund pensions and poor stock market performance could mean higher funding costs, hence higher taxes.
What happens in the stock market is not just a concern for the wealthy.
Profitable companies are important to all Americans.
QUINNSCOMMENTARY 
Those profitable companies are just “price gouging.” How dare them make a profit! Clearly they are not paying enough in taxes.
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I did inherit from my parents three tax-free bond funds that they never used as an income provider–at retirement (age 77) and after 35-years of dividends being reinvested I had them sent to the bank each month–the income adds to 2 SS (me & wife) as well as my pension so it is a nice addition.
ran a hypo using inherited bond fund (parents liked bonds) that was taxable income and quite large in size and compared it to my blue-chip dividend producing mutual fund. Taxable bond fund dividends in cash fell 55% in a 25-year period ending in 2023–the cash income over 25-years was $93,507. I suspect my tax-free dividends in cash on the 3 bond funds also fell considerably in the 25-year period. Taxable bond fund paid out $93,507 and was worth $91,114 as of July 31 of this year.
Equity fund paid out $93,208 and was worth $372,491.
The greatest creator of wealth are the world’s greatest companies and definitely not bonds. One can own the debt or one can own the business.
Warren Buffett says 90% of his inheritance goes to equities for his beneficiaries –10% to Treasury bonds. I wonder what he knows?
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