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The financial market is a dynamic and unpredictable entity. It’s not uncommon for investors to face periods of stagnation, where the returns on their investments are minimal or even non-existent. One such scenario is the possibility of the S&P 500 averaging a 0% return over the next five years. This might seem extreme, but it’s not entirely implausible. According to JP Morgan’s statistics, the S&P 500 is currently trading at 20.5 times earnings, which is considered expensive. Historically, when stocks start from such an expensive stance, they have provided a 0% return over the next five years….

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