What total market growth rate are you baking in?
In nominal terms (because inflation??), what are you using for the next 30-40 years? If pension funds are discounting (an missing) 7%. Are you more aggro? Less?
In nominal terms (because inflation??), what are you using for the next 30-40 years? If pension funds are discounting (an missing) 7%. Are you more aggro? Less?