Specification

Stocks

Long-Term

Government Bonds

Treasury Bills

Inflation

Real rate of return

Arithmetic average

12.39%

5.82%

3.76%

3.12%

9.27%

Geometric average

10.43%

5.44%

3.72%

3.04%

7.39%

Standard deviation

20.31%

9.30%

3.14%

4.32%

8.33%