I heard on Bloomberg this morning that over a 10 year period, the S&P 500 had an annualized return of around -1.7%, and that included dividends.
So if you invested $10,000 ten years ago with your mutual fund financial planner or your advisor, you would be BROKE! Nice eh? You get talked into investing your hard earned money (BUY and HOLD) into stocks, because stocks will beat inflation over bonds any day of the week, and lo and behold: YOU ARE WORSE OFF NOW THEN YOU WERE BEFORE. And just FYI, bonds have outperformed stocks by 4.2% annualized over FORTY YEARS! But don't take my word for it.