Stocks vs. bonds vs. T-bills vs. gold |
||
---|---|---|
Average annual return 1968-2017 | Value of $100 invested over 50 years | |
S&P 500 (including dividends) | 10.05% | $10,913 |
10-year government Treasury bonds | 6.76% | $2,467 |
3-month Treasury bills | 4.77% | $981 |
Gold | 7.35% | $3,231 |
Sources: Data from Federal Reserve Bank of St. Louis; Aswath Damodaran, Stern School of Business at New York University. |