Reprinted courtesy of MarketWatch.com.
To read the original articleVINTAGE FISHER PRICE CONSTRUX BUILDING TOYS 1985 WITH orange CASE,
Mercury Transkit 1 43 - Alfa Romeo 33 Le Mans 1967 Nº38,.
U.S.Ferrari 458 Speciale Yellow 1 18 Diecast Model Car by Bburago,.1 43 Minichamps MB SLS AMG GT3 2011 silver 410 113202,.
Rare CRYPTEX Dan Brown Code DA VINCI 1 2 Reproduction METAL Noble Collection,.Aliens vs Predator Renegade vs Warrior Vintage 1993 Kenner Action Figure Set New,.
That means there’s less demand for value stocks. Less demand means lower prices. Lower prices can mean bargain prices.Crane construction set Eitech Metal Building Toy Crane Bridge C05,.”
Vintage Rami n°8 - FORD model T torpedo 1908 - 1 43 France,.
Corgi AA28004,Messerschmitt Bf109E-4 ‘Yellow 1’ Oblt. Gerhard Schopfel, Battle o,.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.)
Cadillac Escalade - 1 18 DUB CITY BIG BALLERS Die-Cast Model,.8%. In the 22 losing years, the average loss was 15.5%.
As with the S&P 500 there is good and bad news.Volkswagen T2 Pritschenwagen Sinalco 1 43 Model MINICHAMPS,. In its best year, 1933, this asset class was up a whopping 92.7%.
But the bad news is strikingly bad.Lego Star Wars Advent Calendar 2013 + extras Yoda Christmas Jango Fett 75023,. 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%.
Big Cute Japan Kumamon Cotton Plush Toy Doll Stuffed Animal 4 Choice Party Gifts,.
MADELMAN ALTAYA OPERACIONES ESPECIALES Nº40 BLISTER+FASCICULO-PRECINTADO NUEVO,.
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.)
Preiser Kit da montare 1 87 HO Magirus F Mercur 125A Vigili del fuoco Feuerwehr,.Destiny 2 Deluxe Action Figure Lord Shaxx 25 cm McFarlane Toys Figures,.3%, and each period was more than 10%.
TOYOTA TS010 TEST CAR FUJY 1993 HPI-Racing 1 43,. And in this case, the news is quite good.MAISTO MI36138OR DODGE CHALLENGER 2006 orange MET.1 18 MODEL DIE CAST MODEL,.5%.
1 50 Siku Mercedes 6x6 Sprinter Fire Engine - 150 2113 Scale Benz Super New,.
Solido 1 43 - Ferrari 365 GTB 4 Daytona Le Mans 1974 Nº54,.3%.1 18 Pagani Zonda 5 Platinum Collection Series - Motormax Scale Diecast Model,.7%.
FUNKO POP CULTURE ALICE IN WONDERLAND MOVIE MAD HATTER VINYL FIGURE NEW ,. In more than 90% of the cases, the compound return was above 10%.
Bmw M4 Gts 2016 Grey Metallic With orange Wheels 1 43 Model MINICHAMPS,.LEGO 3858 HEROICA Waldurk Forest Game Set, Rare, New & Sealed,.
Kingstar KS107 BMW E-26 1 43 OVP,.
Lego Lot of Transparent Trans-bluee Panels Walls Parts Windows Ice Tunnel ADKX,.LEGO Harry Potter 4695 - Knight Bus - Mini polybag NEU & OVP,.
Puraakuto 02 Sanada Japan Import Toy Hobby Japanese,.1%.1 6 VSToys 18XG16B bluee Policewoman Uniform Female COS Clothes Set F 12'' Body,.4%.BRAND NEW IN BOX NIB FURBY STAR WARS FURBACCA FURBY CHEWBACCA HASBRO FURBLINGS,. (I will discuss that fine-tuning in a future article.)
Großartig Räder 1 43 - Ferrari F1 312 B2 Nürburgring GP 1971 Nr.5 Andretti,.7'' TMNT Teenage Mutant Ninja Turtles Bebop Kidrobot Vinyl Figure BNIB 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.Roskopf Serie Nostalgia 1000 Junkers F 13 Avión Modelo de Construcción 1 87 (,.)
The allure of value investing doesn’t stop with large-cap stocks.Mercedes-Benz C-Class DTM Persson Motorsport 2007 - 1 43 - Minichamps,. And value works in foreign markets, too, as we shall see.
For more on this topic, check out my podcast, MA07.18 74 FRANCE JOUET FRANCE TRACTEUR PACFIC PORTE FUSEE VERONIQUE 1 50,.
Richard Buck contributed to this article.