Quote:
Originally Posted by disneysteve
Certainly, no guaranteed investment will return 12%, but maat55 is correct that there are numerous mutual funds that have generated those numbers over the long run. I own 2 funds, Heartland Value and Cohen and Steers Realty Shares, that have done so. Heartland has an average annual return of 14.26% since 1984 and Cohen and Steers has averaged 14.39% since 1991. Vanguard has 5 funds that have averaged at least 12%/year over 10 years (I don't currently own any of them).
So returns like that are definitely achievable by the average investor. I've owned Heartland for over 13 years so I've enjoyed that track record quite a bit.
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Would a MF be a good choice now? I checked out the Heartland Value and is seems to be down quite a bit over the past couple of years.