The Texas Municipal Retirement System (TMRS) investments are growing as the stock market continues to make new highs. Here are the latest investment returns:
The 5 year performance is finally exceeding their assumed growth rate of 6 3/4% rate.
Equities or stocks have been the out performing asset classes for both the past 1 year and 5 year periods.
Real estate has also been doing well since many financial analysts believe real estate is in a bubble and is due for a correction.
More information and analysis can be found on the TMRS web site.
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