Goldman Sachs has projected that the S&P 500 will yield an annualized return of 3% over the next decade. However, when adjusted for inflation, the real return could be as low as 1%, according to a recent analysis. This outlook aligns with warnings from JPMorgan regarding weak returns for the index. In contrast, Bank of America has suggested that the S&P 500's valuation indicates a potential price return of only 1-2% over the same period. The contrasting forecasts have sparked discussions among investors about portfolio strategies, with some considering the implications of investing in high-profile stocks like Nvidia ($NVDA) and others.