"White-Haired Stock Oracle" Serenity: Rather Than Chasing a Long-Term 5% Return, Use Stocks to Offset Rising Real Living Costs

According to TechFlow, on September 25, the white-haired stock guru Serenity posted that investors should not solely focus on achieving a return of around 5% over the next 10 or 30 years, as the actual price increases for certain everyday goods may far exceed this level.

Using a Subway sandwich as an example, Serenity noted that its price has risen from approximately $5 to nearly $20 after taxes over roughly 12 years, equating to an average annual increase of about 12%. He argued that holding equity assets represented by the S&P 500 ETF SPY would be a more suitable choice to keep up with the rising real cost of living, particularly for food.