In recent months, multiple banks and financial advisers have asked me if I would be interested in investing in stocks because I have some spare money. They showed me different funds that they thought would be suitable for me. Their average annual return over the past 10 years was 3-5%, and sometimes lower (before fees).
When I mentioned to one of them that I regularly hear about an annual return of 10%, the person told me that such a return would only be possible with high risk/high SRRI and would not recommend buying such funds.
Why is everyone on this site calculating an annual return of 10% or higher when in contrast it is not offered/not recommended by banks and financial advisers and where does this difference come from? Or do they just want to sell the others because it would give them more profit? Or do most people on this site and elsewhere accept a high risk and their advice is not for the average person?