Reprinted courtesy of MarketWatch.com.
To read the original articleSOLIDO Brosol Klarsicht BOX Industria Brasileira 1 43 OVP 1980er Modelle Brésil,
Norev's Peugeot 3 litres Indianapolis Diecast - NIB - 1 43 - blueE - W CASE,.
U.S.Hot Wheels Mixed Lot 22 Cars,.Star Wars MR Foot Soldier Stormtrooper Ashigaru Bandai Ban92047,.
Hercules The Legendary Journeys - Hercules ''Deluxe Edition'',.Dc Artists Alley Flash By Uminga Statue DC DIRECT,.
That means there’s less demand for value stocks. Less demand means lower prices. Lower prices can mean bargain prices.S.H. Figuarts - WWE - Stone Cold Steve Austin in US,.”
Ferrari 250 California 1957 Pininfarina 1 43 Art1003 Model Car Diecast,.
Vintage Dwork Boglin Mattel Hand Puppet Boxed 1980’s Toy Retro,.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.)
Ferrari 488 GTB 2015 Red 1 18 Scale Burago 16008R,.8%. In the 22 losing years, the average loss was 15.5%.
As with the S&P 500 there is good and bad news.K’NEX Bulk 2 Models Building Set Ages 7 Engineering Education Toy,. In its best year, 1933, this asset class was up a whopping 92.7%.
But the bad news is strikingly bad.Dark Knight Rises BAT SIGNAL Movie Masters CNC Mattel Batman Projector BAF Light,. 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%.
1 40 DINGLI self-propelled rough-terrain scissor lifts MODEL,.
SH.Figuarts Kun DX Body-Chan DX Set Action PVC Figure Grey color Ver In 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.)
RIO RI4205 FIAT 128 2 PORTE 1969 WHITE 1 43,.DID 1 6 AS003 German Shepherd Dog Animal Simulation Model Toys F 12 Figure toys,.3%, and each period was more than 10%.
Power Rangers Jungle Fury Rhino Blade,. And in this case, the news is quite good.Schuco SH3339 VW T2a BUS 1967 RED W WHITE ROOF 1 43,.5%.
Aliens Volador Alien Reina Figura de Acción Kenner ca.20cm Nuevo (L),.
CORGI TOYS - Vintage modello in metallo - Chevrolet Impala - KENNEL CLUB -,.3%.Alfa Romeo 1750 Torpedo 1930 red black 1 43 RIO 4199,.7%.
Tales From The Cryptkkeeper Formal Tuxedo Talking Cryptkeeping Ace Toys NIB ,. In more than 90% of the cases, the compound return was above 10%.
JADA 1 24 DISPLAY JDM 1971 NISSAN SKYLINE GT-R KPGC10 3PCS 30009 NO RETAIL BOX,.SHREK THE OUTHOUSE ACTION FIGURE AND PLAYSET MCFARLANE TOYS Released 2001,.
Mighty Morphin Power Rangers Legacy White Ranger Figure NIB,.
JOHNNY LIGHTNING HAVANA NIGHTS 1B Java Green 1965 Volkswagen Beetle WHITE CHASE+,.INFINITI RED BULL RB10 GP D'AUSTRALIE 2014 D. RICCIARDO SPARK S3087 1 43 3ème,.
Siku 1 55 - Mercedes Grande Scala Vigili Del Fuoco,.1%.RIO - Fiat 508 Balpurple 1932 - 1 43,.4%.Cobi 3032 - World Of Tanks - WWII Dt. Panzer Mauerbrecher - Neu,. (I will discuss that fine-tuning in a future article.)
Super Dragon Ball Heroes World Collectable Figure vol.2 All 5 sets,.LEGO 8036 SEPARATIST SHUTTLE NEW IN BOX,.
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.Mercedes Benz 300 L cabriolet Clodes 1960 Rio 1 43 4121,.)
The allure of value investing doesn’t stop with large-cap stocks.Wiking Leuchtturm mit Insel ( NH15),. And value works in foreign markets, too, as we shall see.
For more on this topic, check out my podcast, Ford sierra Mini BUBY MADE IN silverINA 80`S 1 64 PEPSI,.
Richard Buck contributed to this article.