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Page 1: Market returns over time

S&P/TSX Composite Price Index 1948 - 2013S o u r c e : i n v e S t o r S g r o u p p o r t f o l i o a n a l y t i c S

- 3 0 T O - 2 0- 4 0 T O - 3 0 - 2 0 T O - 1 0 - 1 0 T O 0 0 T O 1 0 1 0 T O 2 0 2 0 T O 3 0 3 0 T O 4 0

1 9 7 4 1 9 6 6 1 9 5 3 1 9 5 6 1 9 5 1 1 9 5 5 1 9 6 1

1 9 9 0 1 9 6 9 1 9 6 5 1 9 6 7 1 9 6 4 1 9 8 3

2 0 0 2 1 9 7 3

1 9 9 4 1 9 8 6

1 9 9 1

2 0 0 7

2 0 0 3

1 9 9 31 9 9 7

2 0 0 6

1 9 7 6 1 9 7 5 1 9 7 8

2 0 1 1 1 9 8 4

1 9 9 8 1 9 8 7

2 0 0 0

2 0 1 2

2 0 0 5

1 9 9 62 0 0 4

2 0 1 0

1 9 7 7 1 9 8 9 1 9 8 0

1 9 5 7 1 9 6 2 1 9 5 2 1 9 4 8 1 9 4 9 1 9 5 4 1 9 5 0

1 9 8 1 1 9 6 0 1 9 5 9 1 9 6 3 1 9 5 8 1 9 7 9

2 0 0 1 1 9 7 0

1 9 9 2 1 9 8 2

1 9 8 8 1 9 9 9

1 9 8 51 9 9 5

1 9 7 1 1 9 6 8 1 9 7 2 2 0 0 9

2 0 0 8

Market returns over time Since 1948, the S&p/tSX has provided positive returns two-thirds of the time.

in the chart, annual returns were plotted year by year within respective ranges which resulted in a fairly normal distribution or statistically what is referred to as a bell curve, with most returns hugging the 0 to 10% range.

the year 2008 saw a decrease of 33%. in contrast, the year 2009 saw the pendulum swing completely the other way, with the tSX returning 35%.

generally, negative returns tend to be followed by positive returns.

P e r C e n Ta g e P r I C e r e T u r n

positive years: 46 (70%)negative years: 20 (30%)

5 1 year ended December 2013

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RICHARD SHEPPARD cfp

Senior Financial ConsultantInvestors Group Financial Services Inc.

Tel: (403) 226-5531 [email protected]

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