Reprinted courtesy of MarketWatch.com.
To read the original articleSquare Enix Play Arts Kai Devil May Cry 3 Dante Action Figure Model Statue Toy,
RIO RI4286 ALFA ROMEO GIULIETTA TAXI MI 1959 1 43,.
U.S.1989 NEIL BONNETT SERIES 1 - PLASTIC TIRE - WIDE STRIPE,.CADILLAC SERIES 62 CABRIOLET SOFT-TOP 1947 ANSON 30345 1 18,.
Legacy Moonlight Cradle Japan Import Toy Hobby Japanese,.Gama Mini SB 1 43 - Mercedes 600 black,.
That means there’s less demand for value stocks. Less demand means lower prices. Lower prices can mean bargain prices.Kill Bill Go-Go Action Figure NEW 2004 Neca,.”
Funko Pop Marvel Avengers Infinity War Thanos Vinyl Figure 10inch,.
Star Wars Number 10 Stormtrooper Miracle Action Figure EX Medicom,.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.)
Kyosho 1 43 - Mercedes CLK AMG DTM Cabriolet white,.8%. In the 22 losing years, the average loss was 15.5%.
As with the S&P 500 there is good and bad news.Star Wars AFA Graded 9.25 gold Qi'Ra (Corellia) New Solo Movie Force Link 2.0,. In its best year, 1933, this asset class was up a whopping 92.7%.
But the bad news is strikingly bad.TMNT Collectors Capsule [10 items] w Super Soft Vintage Made Logo Sports Tee ,. 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%.
Hard to find Star Wars Legos,.
Britains 00174 Land Rover Series 1 1 32,.
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.)
Vintage - CISITALIA mod.202 Karosserie PininFarina 1948 - 1 43 Dugu n °10,.1 18 GREENLIGHT 1971 DODGE CHALLENGER CONgreenIBLE ONTARIO MOTOR SPEEDWAY gd,.3%, and each period was more than 10%.
1 18 bluee1969 Dodge Charger R T , in the box,. And in this case, the news is quite good.Game of Thrones Dragon Figure Collectible Figurine Daenerys Gifts Collectors,.5%.
BEN 10 - BULK LOT - ORIGINAL BANDAI - FIGURES, PLAYSET, CAR,VEHICLE,ALIENS MORE,.
SmartMax Playground XL Magnetspiel Kuyellowahn,.3%.G.ROBUSTELLI - JAGUAR XJS WALKINSHAW SPA - KIT (BUILT) - RARE - GOOD CONDITION,.7%.
Princess and Frog-Dr. Facilier Mask-CHASE US Exclusive Pop Vinyl [RS]-FUN...,. In more than 90% of the cases, the compound return was above 10%.
Kenner MasterPiece Collection Limied Edition C-3PO Figure & Book,.Tobar 1 18 Scale 348ts Model Car,.
Maisto 1 18 1969 Dodge Charger R T Diecast Metal Model Car New in Box Green,.
Motuc - Preternia Disguise He-Man - Masters Of The Universe Classics- New - Misb,.Norev 1 43 - Peugeot 206cc orange,.
MAJORETTE FRANCE 246 DAF GRUE 1 100 NEAR MINT IN BOX,.1%.Vitesse 1 43 Scale Model Car 27111 - 1982 Lancia 037 Stradale - Yellow,.4%.GI JOE 2002 VS COBRA SNOW CAT w FROSTBITE v7 MISB - HASBRO TRU EXCLUSIVE,. (I will discuss that fine-tuning in a future article.)
THE SIX MILLION DOLLAR MAN 2ND BASIC FIGURE+ EXTRA LEG SET NICE SET,.Bruder 02445 Caterpillar Wheel Loader,.
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.Alfa Romeo Zagato - Solido 183 France in Box 32287,.)
The allure of value investing doesn’t stop with large-cap stocks.Voiture miniature Alpine Renault A110 1600S Maïsto 1 18 ref 31750,. And value works in foreign markets, too, as we shall see.
For more on this topic, check out my podcast, 1 43 Minichamps Aston Martin DB9 2009 redmetallic 400 137340,.
Richard Buck contributed to this article.