Reprinted courtesy of MarketWatch.com.
To read the original articleKIT STARTER- BAM résine FERRARI F40 IMSA 90 JABOUILLE SCHLESSER montage pro,
BMW 4er Cabrio M F33 blue AB 2014 1 43 Kyosho Modell Auto mit oder ohne indivi..,.
U.S.Oxford Diecast 1 43 Scale AMVT001 - Aston Martin V12 Vantage S - Volcano Red,.BX238-0,5 X AWM Amw 1 87 H0 Volkswagen VW T4 Marinekameradschaft,Nuevo,.
Herpa 1 87 925402 MAN TGS LX Silosattelzug Geiger OVP (RB4009),.LEGO 79000 Riddles For the Ring Gli indovinelli dell'anello lord of THE HOBBIT,.
That means there’s less demand for value stocks. Less demand means lower prices. Lower prices can mean bargain prices.Herpa 926485 MAN TGX XXL Kühlsattelzug WIRTZ HO 1 87 NEU,.”
Verem 1 43 - Alpine Renault A106 Cabriolet bluee,.
Imc Mark II Ford Gt PLASTIQUE Kit de Construction Modèle 1 25 (K33),.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.)
LEGO STAR WARS ADVENTSKALENDER 75146 NEU & OVP FIGUREN,.8%. In the 22 losing years, the average loss was 15.5%.
As with the S&P 500 there is good and bad news.Bn61-0,5 x Wiking H0 1 87 Thw-Modell Iveco + Magirus + VW + Mercedes, S.G,. In its best year, 1933, this asset class was up a whopping 92.7%.
But the bad news is strikingly bad.(Rare)1 400 JC Wings LH4030 Latam Airlines A350-900 PR-XTE+ Free Tractor,. 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%.
Redline Hotwheels orange 1969 Twinmill oc16439,.
Safir SB 1 43 - Lote de 2 citroen B2,.
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.)
Dinky toys Francia SB 1 43 - Fiat 1800 Break 548,.Herpa Ali 1 500 Convair Cv - 990 Air France N-5605 529945 Modellairport500,.3%, and each period was more than 10%.
CORGI TOYS 151 LOTUS MARK ELEVEN II LE MANS COMME NEUF SANS BOITE,. And in this case, the news is quite good.10833 LEGO DUPLO Town Preschool (39 Piece),.5%.
Game of Thrones - Statuette Dark Horse - Tyrion Lannnister (loose),.
Lego (LEGO) Ninja Go Catatan Flame Boat V 11 70638 japan,.3%.Acide Om ( Iveco ) Camion Bac Herpa 815390 1 87 H0 Emballage D'Origine Nouveauté,.7%.
BMW 320I TEAM UK ETCC 2004 CHAMPION ANDY PRIAULX MINICHAMPS 400042411 1 43,. In more than 90% of the cases, the compound return was above 10%.
Citroen Acadiane 1979 white 1 43 Norev neu + OVP 153766,.1 43 Guangqi Honda Original manufacturer,10th Accord Gift collection 3 color,.
Peugeot 2008 2013 'POLICE MUNICIPALE' 1 43 Model NOREV,.
Bateau à Vapeur 410 Modèle de Bateau 1250 Shp70 Å,.Lego Star Wars Boba Fett 75533,.
1 43 Minichamps BMW 700 Cabrio Keramik bluee NEW bei PREMIUM-MODELCARS,.1%.AK INTERACTIVE 1 48 SPITFIRE mk. IXC LATE Foreign SERVIZIO ,.4%.AMT blueE 1966 Chevy Nova PRO SHOP Model Kit Skill 2,. (I will discuss that fine-tuning in a future article.)
V 1 18 HOTWHEELS FERRARI F512 M F 512M CHROME PLATED EXCELLENT BOXED,.Herpa 307178 - 1 87 - MB Actros Bigspace Kühlkoffer-SZ Spedition Tasch - NEU OVP,.
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.LAMBORGHINI MURCIELAGO LP 640 orange METALLIC 2007 HOTWHEELS P4884 1 43 ITALIA,.)
The allure of value investing doesn’t stop with large-cap stocks.PORSCHE 911 2.8 RSR CARRERA 118425 1 18 SOLIDO,. And value works in foreign markets, too, as we shall see.
For more on this topic, check out my podcast, Acier de la Ruhr Parois Latérales Pritschen Hängerzug Magirus 3500 Imu 1 87 H0,.
Richard Buck contributed to this article.