The mismatch is sometimes not the performance of the return but their original expectations mentally. (in actual fact, bank interest is also not 1%, 1%, 1%, 1% every year!)
The reality is the market is just a volatile beast.
The sooner you accept that to get that 7% p.a. long term return, you got to feel like shit sometimes.
We can just move forward the time to a few months later in October 2024:
The cumulative for 3 years would be 20%. The annualized return becomes 6.4% p.a.
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