Annual Returns on Stocks and T.Bills: A Historical Analysis

Annual Returns on Investments in YearStocksT.BillsHigher Return 192843.81%3.08%Stocks 1929-8.30%3.16%T.Bills 1930-25.12%4.55%T.Bills 1931-43.84%2.31%T.Bills 1932-8.64%1.07%T.Bills 193349.98%0.96%Stocks 1934-1.19%0.30%T.Bills 193546.74%0.23%Stocks 193631.94%0.15%Stocks 1937-35.34%0.12%T.Bills 193829.28%0.11%Stocks 1939-1.10%0.03%T.Bills 1940-10.67%0.04%T.Bills 1941-12.77%0.02%T.Bills 194219.17%0.33%Stocks 194325.06%0.38%Stocks 194419.03%0.38%Stocks 194535.82%0.38%Stocks 1946-8.43%0.38%T.Bills 19475.20%0.38%Stocks 19485.70%0.95%Stocks 194918.30%1.16%Stocks 195030.81%1.10%Stocks 195123.68%1.34%Stocks 195218.15%1.73%Stocks 1953-1.21%2.09%T.Bills 195452.56%1.60%Stocks 195532.60%1.15%Stocks 19567.44%2.54%Stocks 1957-10.46%3.21%T.Bills 195843.72%3.04%Stocks 195912.06%2.77%Stocks 19600.34%4.49%T.Bills 196126.64%2.25%Stocks 1962-8.81%2.60%T.Bills 196322.61%2.87%Stocks 196416.42%3.52%Stocks 196512.40%3.84%Stocks 1966-9.97%4.38%T.Bills 196723.80%4.96%Stocks 196810.81%4.97%Stocks 1969-8.24%5.96%T.Bills 19703.56%7.82%T.Bills 197114.22%4.87%Stocks 197218.76%4.01%Stocks 1973-14.31%5.07%T.Bills 1974-25.90%7.45%T.Bills 197537.00%7.15%Stocks 197623.83%5.44%Stocks 1977-6.98%4.35%T.Bills 19786.51%6.07%Stocks 197918.52%9.08%Stocks 198031.74%12.04%Stocks 1981-4.70%15.49%T.Bills 198220.42%10.85%Stocks 198322.34%7.94%Stocks 19846.15%9.00%T.Bills 198531.24%8.06%Stocks 198618.49%7.10%Stocks 19875.81%5.53%Stocks 198816.54%5.77%Stocks 198931.48%8.07%Stocks 1990-3.06%7.63%T.Bills 199130.23%6.74%Stocks 19927.49%4.07%Stocks 19939.97%3.22%Stocks 19941.33%3.06%T.Bills 199537.20%5.60%Stocks 199623.82%5.14%Stocks 199731.86%4.91%Stocks 199828.34%5.16%Stocks 199920.89%4.39%Stocks 2000-9.03%5.37%T.Bills 2001-11.85%5.73%T.Bills 2002-22.10%17.84%T.Bills 200328.68%1.45%Stocks 200410.88%8.51%Stocks 20054.91%7.81%T.Bills 200615.79%1.19%Stocks 20075.49%9.88%T.Bills 2008-37.00%25.87%T.Bills 200926.46%-14.90%Stocks 201014.82%0.14%Stocks 20112.10%0.05%Stocks 201215.89%0.09%Stocks 201332.15%0.06%Stocks 201413.52%0.03%Stocks 20151.38%0.05%Stocks 201611.77%0.32%Stocks 201721.61%0.93%Stocks 2018-4.23%1.94%T.Bills 201931.21%1.55%Stocks 202018.02%0.09%Stocks 202128.47%0.06%Stocks stockstbills averages11.83%3.79% maxima52.56%25.87%