Word: levkovich
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Dates: during 2000-2009
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...moderated by TIME senior writer DANIEL KADLEC. The experts: Seymour Lotsoff, senior managing director at hedge-fund firm Lotsoff Capital Management; Dagny Maidman, managing director of private client services at Bank of America Securities; Robert Smith, manager of the T. Rowe Price Growth Stock Fund; and Tobias Levkovich, U.S. equity strategist for Smith Barney. Their thoughts...
...TOBIAS LEVKOVICH: Most people are colored by the high returns in the latter part of the '90s. Annual appreciation compounded for the past 50 years, counting dividends, is about 10%. Going forward, we would argue that you're looking at something like 7% from stocks. That could move higher if companies start paying more in dividends, which is beginning...
...LEVKOVICH...