Reprinted courtesy of MarketWatch.com.
To read the original articleDouble Cannon Upgrade Leader Class Optimus Prime NIB RARE,
COMBO HIZAMARU + HIGEKIRI NENDgoldID - TOUKEN RANBU gold RED orange,.
U.S.Avengers Infinity War IRON SPIDER-MAN Resin Statue MARVEL Premiere REAL PHOTOS ,.MEDICOM VAG Series 12 VINYL ARTIST GACHA Full Set morris the cat hinata antlers,.
SPHERO Robot Star Wars BB-8 + opaska Force Band,.1 6 Scale Basketball McGrady Tracy Collectible Model Action Figure 12'',.
That means there’s less demand for value stocks. Less demand means lower prices. Lower prices can mean bargain prices.Jeff Gordon 2015 Axalta Rainbow Bristol Car 1 24 Elite color Chrome New in Box,.”
X-Transbots MX-17H Heral Simulation Honda Brake Transformation Autobots New Toy,.
Schleich Horse Castle, Am Limes 69, D-73527 Schw. Gmund. Germany VGC,.2%, enough to turn a one-time investment of $100 into $1,104,778.
(The S&P 500, by comparison, returned 9.8%; $100 would have grown to $346,261. There’s a striking lesson in the huge difference an extra 1.2 percentage points of return can make if given enough time.)
DRAGON BALL Z -Majin Buu Fat Version S.H. Figuarts Action Figure Bandai Tamashii,.8%. In the 22 losing years, the average loss was 15.5%.
As with the S&P 500 there is good and bad news.FIGURE FATE STAY NIGHT EXTELLA SABER LILY 1 7 SCALE STATUE STATUE ANIME MANGA,. In its best year, 1933, this asset class was up a whopping 92.7%.
But the bad news is strikingly bad.Ikemen Statues - DC Comics - 1 7 Scale Red Hood w Bonus Head Part BRAND NEW,. That was more than 80 years ago, but it shows what can happen.
This asset class is more volatile than the S&P 500. In 1931 the S&P lost “only” 43.3%; in 1933, that index was up “only” 54%.
Transformers Titanium Die-cast Unicron New MIB ROBOTS NOVELTY GIFT RARE COLLECT,.
GI JOE 1986 OUTPOST DEFENDER 100% COMPLETE SET & GREAT UNCUT BOX ,.
The best 15-year period ended in 1989 with a compounded return of 21.7%. The worst, from 1928 through 1942, ended up with a compound loss of 1.4%.
(The average return of all 15-year periods was 13.2%, compared with 10.7% for the S&P 500.)
12 GI Joe Doll plus accessories and storage box,.DRAGON GENERAL ROMMEL, THE DESERT FOX, AFRICA 1942,.3%, and each period was more than 10%.
Samouraï Girls - C Cube Jubei Yagyu white 1 6 Coldcast Resin Figures U-Art,. And in this case, the news is quite good.Spark S5023 Red Bull RB12 Winner Malaysian GP 2016 - Daniel Ricciardo 1 43 Scale,.5%.
My hero Accademia DXF Figure No. 1 Muroya Teruya,.
DIAMOND SELECT PULP FICTION 3 FIGURE SET BUTCH JULES MARSELLUS,.3%.Marvel Legends Series A-Force Heroines, Toys R Us TRU Exclusive BRAND NEW Sealed,.7%.
TAKARA transformers pure day edition MP-39 scud lightning flash new good box,. In more than 90% of the cases, the compound return was above 10%.
Ferrari 340 Berlinetta Mexico Mille Miglia 1953 Castellotti Regosa 1 18 CMR,.Spiderman 9090 Marvel RC Power Wrist Electronic Toy,.
Takara X-8 Dranccron Trans Formers Beast Wars Figure,.
RARE 2011 MATT KENSETH CROWN ROYAL CAMO ROUSH FENWAY RACING FORD FUSION 1 OF912,.2011 DENNY HAMLIN SIGNED FEDEX OFFICE TOYOTA CAMRY 1 24 JOE GIBBS RACING 1 618,.
WWE CLASSIC SUPERSTARS COLLECTOR SERIES JAKE THE SNAKE ROBERTS,.1%.Mini Times toys US Navy SEAL Team Six DEVGRU Boold Bredhers 1 6 Figure,.4%.BMW 3.0 CSL Zandvoort 1975 Grohs Betzler Faltz Alpina Melitt Minichamps 1 18,. (I will discuss that fine-tuning in a future article.)
Vintage Early Saddle Makers Leather Working Tools & Formers,.Kidrobot Hello Kitty Sanrio Burger Charms SEALED Case of 12 NEW,.
This underscores one of my complaints about Vanguard’s Total Stock Market Index Fund US:VTSMX , which has only about 36% of is portfolio in value stocks.Hasbro Transformers RTS Voyager LUGNUT MISB Sealed New RARE MISB,.)
The allure of value investing doesn’t stop with large-cap stocks.DC COMICS AQUAMAN JUSTICE LEAGUE MOVIE OFFICIAL ARTFX+ STATUE BY KOTOBUKIYA,. And value works in foreign markets, too, as we shall see.
For more on this topic, check out my podcast, THE LOST WORLD JURASSIC PARK GIANT PTÉRANODON PIOCHE EN ACIER KENNER 1996 NEUF,.
Richard Buck contributed to this article.