Reprinted courtesy of MarketWatch.com.
To read the original articleVintage pressed steel airplane Butterfly Wings,
1 18 Norev Big Toys 4 Big Boys - Peugeot 908 LeMans RARITÄT §,.
U.S.Mercedes S Klass W221 2005 Gun Metallic 1 43 Spark S1063 Model,.Mega Construx Destiny FALLEN WALKER 689 Piece Building Set - NEW DPJ13,.
Vintage Barom 1 Popy 5 Soft Vinyl Sofubi Toy Japan One Ultraman Mazinger 1970s,.Deagostini Le Grandi Ferrari Collection No.22 With 1 24 SCUDERIA SPIDER 16M 2008,.
That means there’s less demand for value stocks. Less demand means lower prices. Lower prices can mean bargain prices.V 1 43 PROGETTO K PK 392 FIAT 238 TETTO ALTO ASSISTENZA LE MANS FERRARI 1978 MIB,.”
DC Retro 8 Superman Series 1 Set of 4 Figures Toy Company,.
Tonkin Precision Series Peterbilt 379 w 53' Dry Van 1 53th. Closed Edition,.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.)
Corgi AA39701 1 72 Hawker Hurricane IIc Flt Lt K M Kuttelwasher, Tangmere, 1942,.8%. In the 22 losing years, the average loss was 15.5%.
As with the S&P 500 there is good and bad news.WF2014 Winter Kylin Suit Woman Hunter Resin White GK Cast Model Kit Unpainted,. In its best year, 1933, this asset class was up a whopping 92.7%.
But the bad news is strikingly bad.Fischertechnik Hobbylabor Elektronik Baustein TOP ,. 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%.
NEO Maserati Quattroporte III 1978 Metallic 1 43 44565,.
185300 Alpine Renault A110 1600S 1971 blue, 1 18 Norev,.
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.)
Mercedes-Benz Patent Motorwagen 1886 green 1 18 Norev Modell Auto mit oder ohne..,.LEGO Ninjago Movie 70615 L'Armure de Feu Scelled,.3%, and each period was more than 10%.
FUNKO POP CORALINE WITH CAT 422 NUEVO SIN ABRIR EN PERFECTO ESTADO,. And in this case, the news is quite good.Mezco One 12 Aquaman Justice League Complete,.5%.
Spark 1 43 Scale S3086 - F1 Infiniti Red Bull Racing RB10 Australian GP 2014,.
1 43 RL36K BRABHAM BT26 Piers Courage KIT BY SMTS,.3%.RIO RI4358 MERCEDES 190 SL 1955 RED 1 43 MODEL DIE CAST MODEL,.7%.
THE AVENGERS IRON MAN 3 MARK KLII LED 32 CM- 1 6TH SCALE COLLECTIBLE FIGURE,. In more than 90% of the cases, the compound return was above 10%.
DINKY TOYS ATLAS BUS ISOBLOC GREEN BICOLOUR REF 29E IN BOX,.Vintage 1986 Madballs Skull Face rare Slimeball MADBALLS weirdball amtoys,.
Provence Moulage Kit Monté 1 43 - Ferrari 365 GTB4 Daytona LM Competizione red,.
KINSMART 1 36 DISPLAY MCLAREN P1 EXCLUSIVE EDITION Diecast Car 12 Pieces KT5393,.Joy Ride The Dukes of Hazzard Hazzard County Car Set (1),.
Lego 6380 Ospedale con Sala Operatoria e Ambulanza Legoland Città Town (1987),.1%.Bburago Genuine 1 18 Series Ferrari California T Closed Top Red Metal Car Model,.4%.Figure Action TRUNKS SUPER SAIYAN Bandai SHF Figuarts DRAGONBALL Z Figure NEW,. (I will discuss that fine-tuning in a future article.)
Killzone Helghast Action Figure Lot Assault Infantry Sniper,.1 18 Norev Renault Clio 16S 1991 greymetallic,.
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.Diamond Select Pacific Rim 3 Figure LOT Saber Athena GIPSY AVENGER Obsidian Fury,.)
The allure of value investing doesn’t stop with large-cap stocks.John Force Action Racing Collectable 1978 orange Monza Brute Force 1 24th scale,. And value works in foreign markets, too, as we shall see.
For more on this topic, check out my podcast, New Model Universal Hobbies UH8135 Komatsu HB215LC-3 Excavator 1 50 DieCast,.
Richard Buck contributed to this article.