Reprinted courtesy of MarketWatch.com.
To read the original articleSPARK - 1 43 - PORSCHE 916 - S7615,
Star Wars TITANIUM Seriies and Limited,.
U.S.Bandai Ultraman Ultimate Luminous Building Light Scene Gashapon 07 6 Figure,.LEGO Marvel Super Heroes Hulk Lab Smash (76018) AVENGERS Retired RARE THOR NEW,.
Vintage Matchbox Superfast Rat Rod Dragster COUGAR w ORIGINAL BOX NICE ,.Volga M24-10 Red 1 18 Model MODELCARGROUP,.
That means there’s less demand for value stocks. Less demand means lower prices. Lower prices can mean bargain prices.MOTUC Masters of the Universe Classics MOTU Classics Night Stalker NIB Sealed,.”
Bmw 3-Series 318 (E21) 2-Door 1975 Green KK Scale 1 18 KKDC180043 Model,.
Halo Reach Series 3 Grunt Heavy 5in Action Figure McFarlane Toys,.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.)
M4 S.H.Figuarts Kingdom Hearts II Goofy Action Figure BANDAI NEW,.8%. In the 22 losing years, the average loss was 15.5%.
As with the S&P 500 there is good and bad news.Lego Original Retail Display Flag Banner Ninjago Kai and Krait,. In its best year, 1933, this asset class was up a whopping 92.7%.
But the bad news is strikingly bad.VINTAGE Post War DINKY 25R FORWARD CONTROL LORRY - EXCELLENT CONDITION,. 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%.
TEZUKA OSUMA Action Figure Collection (Set of 5),.
STAR WAR CLONE WARS CLONE TROOPER ACTION FIGURE Set CARTOON NETWORK show Rare,.
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.)
1988 Mattel Food Fighters - Sergeant Scoop,.2017 Mint Release 3 Set A Set of 6 Cars 1 64 Models - RC005A,.3%, and each period was more than 10%.
Good Smile Company MAX Factory Figma Overwatch - D.Va Action Figure,. And in this case, the news is quite good.Spark 1 43 Scale - S3045 Vodafone McLaren Mercedes MP4 27 Monaco 12 Hamilton,.5%.
Velocidad 1 43 - Renault 5 orange L 1972 Caja Renault,.
Solido 1 18 VW Käfer Beetle 1303 S yellow black OVP,.3%.Mercedes LP608 Koffer Porsche red 1 43 PremiumclassiXXs neu & OVP 3521,.7%.
Siku 3119 Scania Koffer-Sattelzug (Werbemodell - Der Jubel rollt- Dortmund) - 13,. In more than 90% of the cases, the compound return was above 10%.
Modellauto Mercedes 1936 Nostalgie Blechmodell,Metall 33 cm,Neu (Ko),.Lotto 14 Bustine I PUFFI DEI MESTIERI Collezione completa Serie Maxxi Edition §,.
Batman forever triple action vehicle set,.
Lego Star Wars 75073 VULTURE DROID Microfighters Pilot Micro missiles NISB,.CRAZY TOYS FIGURA BATMAN blue 30 CM- ACTION FIGURE blueE VER. 12 IN BOX,.
Batman & Green Arrow Retro Action Figures,.1%.Lego Star Wars Buildable Figures - Lot of 11 - Includes Luke, Vader, Kylo, Etc,.4%.CCCP ICVO11TK GAZ M-20 Pobeda blind van resin conversion Ukraine 1 43 2009 MIB,. (I will discuss that fine-tuning in a future article.)
NECA Reel Toys Cheech & Chong Up In Smoke Cheech & Chong Action Figures Series 2,.AC093 LEGO BOITE REF 40 1976 ETAT MOYEN,.
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.SUNSTAR 1 18 AMERICAN COLLECTIBLES - 1963 FORD FALCON HARD TOP SS4544,.)
The allure of value investing doesn’t stop with large-cap stocks.Corgi Centurion Mklll boxed,. And value works in foreign markets, too, as we shall see.
For more on this topic, check out my podcast, Transformers Power of the Primes Terrorcon Hun Gurrr Figure,.
Richard Buck contributed to this article.