Fair enough, FSD, my example wasn’t a good one. Comparing performance of housing against stocks is probably apples vs. oranges. Most houses just sit there, they don’t produce anything. If someone doesn’t improve them or the areas around them, they should appreciate at or near the rate of inflation over the long haul. Publicly-owned companies are dynamic, they create things and hopefully become more valuable as the business becomes more efficient and expands into new areas, so their returns should be higher. I hadn’t looked at CSCO in a while, I was surprised at how well they recovered!
