I'm up in 2024 by around 32% average/aggregate YTD; one of my investments is up 46% for the year, my best investment YTD is up 59.7%. So yes, I expect more than 20% ROI for the next four years, ~ 15% inflation vs my ROI is acceptable.
If the Fed cuts rates, I expect more stock buybacks but also expansion...there's money on the sideline. At work, I've had several clients who have had orders on hold, or purchased minimal amounts out of necessity open up their larger orders and discussing more expansion...much of this money was waiting for the election results, and I'm seeing increases in both number of orders and the size of orders already...and there's a rush to close these deals before the end of the year.