(EDIT: Didn't notice that the emphasis in parent is a quote from grandparent. So consider the numbers below to further support parent rather than contradict it)
Your numbers doesn't show that at all.
9.7% up in a year is roughly 0.775% average per month compounded. Assuming even growth through the year, which is obviously a simplification, to reach 9.7% at the end of the year you'd want to have appreciated 6.3% by now, so 6.7% doesn't sound all that bad.
85.4% over 5 years is roughly 13%/year compounded. Since 1950, the annualised average return of the S&P500 have fluctuated between -3.6% and 19.3% [1], so both the 1Y and 5Y are well within the norm. If 9.7% were to hold through a full decade, it'd still be far above the median per-decade averages.
Your numbers doesn't show that at all.
9.7% up in a year is roughly 0.775% average per month compounded. Assuming even growth through the year, which is obviously a simplification, to reach 9.7% at the end of the year you'd want to have appreciated 6.3% by now, so 6.7% doesn't sound all that bad.
85.4% over 5 years is roughly 13%/year compounded. Since 1950, the annualised average return of the S&P500 have fluctuated between -3.6% and 19.3% [1], so both the 1Y and 5Y are well within the norm. If 9.7% were to hold through a full decade, it'd still be far above the median per-decade averages.
[1] http://www.simplestockinvesting.com/SP500-historical-real-to...