Search found 34876 matches

by Valuethinker
Mon Aug 20, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 599
Views: 35063

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I respect your opinions, Valuethinker, but when I take them case by case I'm just not finding these to be particularly good reasons - a slight ER difference, reduced (not increased) volatility, and, as you say, the weakest of the bunch is historical performance. Because of the currency volatility I...
by Valuethinker
Mon Aug 20, 2018 11:33 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 599
Views: 35063

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

US dollar strengthening further decease the Int'l fund performance. Fed raise rate and tight balance sheet further accelerate USD back from EM back to US. EM and Europe, Turkey , China all have debt problem. Int'l fund return is "-" so fat this year. May be a good time to rebalance in. Tolstoy (par...
by Valuethinker
Mon Aug 20, 2018 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Expanding portfolio, real estate vs REITs, vs crowdfunding
Replies: 19
Views: 935

Re: Expanding portfolio, real estate vs REITs, vs crowdfunding

All great replies. When I say aggressive, I mean 100% stocks (indexes) in the portion of my portfolio which is not "guarenteed". This is planned, to crossover to a more balanced mix as I get older. I've read a lot of those books you have mentioned. I adhere to a lot of those principles. However, I ...
by Valuethinker
Mon Aug 20, 2018 11:16 am
Forum: Investing - Help with Personal Investments
Topic: Please look at my portfolio and give me advice [Norway]
Replies: 13
Views: 810

Re: Please look at my portfolio and give me advice [Norway]

I'm not quite sure what your point is. Sure, there's a chance my little stock market outpaces the global stock market over the time period I care about---the US outpaced the global stock return in the 20th century and Sweden outpaced the US---but there's at least an equal chance that my little home...
by Valuethinker
Mon Aug 20, 2018 9:42 am
Forum: Investing - Theory, News & General
Topic: Emerging Markets in Bear Territory
Replies: 65
Views: 8241

Re: Emerging Markets in Bear Territory

Since the mid 2000's, in China, you have a leader who made himself leader for life, in Russia, Putin has invaded Ukraine & made himself leader for life & the same for Turkey (leader for life). All the trends are moving in the wrong directions in those countries. As these leaders gain power, the sit...
by Valuethinker
Mon Aug 20, 2018 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Help for an expat New Zealander newbie please :)
Replies: 1
Views: 92

Re: Help for an expat New Zealander newbie please :)

Hello everyone, I've read all three of Andrew Hallam's books, two of John Bogle's books, The Boglehead's Guide to Investing and The Four Pillars on Investing. Needless to say, I'm sold on this idea of passive investing :-) However, I'm a very slow learner and have yet to get my head around how I sh...
by Valuethinker
Mon Aug 20, 2018 8:29 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 599
Views: 35063

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I respect your opinions, Valuethinker, but when I take them case by case I'm just not finding these to be particularly good reasons - a slight ER difference, reduced (not increased) volatility, and, as you say, the weakest of the bunch is historical performance. Because of the currency volatility I...
by Valuethinker
Mon Aug 20, 2018 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Expanding portfolio, real estate vs REITs, vs crowdfunding
Replies: 19
Views: 935

Re: Expanding portfolio, real estate vs REITs, vs crowdfunding

Yes, I forgot to mention that above, some of my blond at tiaa is in real estate... just not super thrilled about the return...I feel like we can do better in other areas, but maybe not worth the risk. In TIAA RE you have a top class industry team buying blue chip assets. Additional returns will com...
by Valuethinker
Mon Aug 20, 2018 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Expanding portfolio, real estate vs REITs, vs crowdfunding
Replies: 19
Views: 935

Re: Expanding portfolio, real estate vs REITs, vs crowdfunding

Curious to hear what you guys think.. My portfolio is about 20% tiaacref traditional (3% vintage, + 1% per year so far), the rest is blend sp500 high mod low cap index, fidelity contrafund (all depending on which retirement account) I am 35. I just started really putting away (physician just starti...
by Valuethinker
Mon Aug 20, 2018 5:45 am
Forum: Personal Finance (Not Investing)
Topic: Quant / Financial Technology Job Opportunities / companies in New York City
Replies: 26
Views: 1457

Re: Quant / Financial Technology Job Opportunities / companies in New York City

Not nyc, but Long Island - renaissance technologies. Sure, will add to the list, but the primary goal is to stay and experience NYC, without much commute to work, job is to sustain the stay in NYC. A lot of the hedge funds are in Greenwich or Stamford Connecticut. Renaissance is out on its own in L...
by Valuethinker
Mon Aug 20, 2018 5:36 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 115
Views: 10134

Re: As an American, where are some great places in the world to retire?

Tallinn, Estonia: Much to do, friendly people, stable government, very low cost of living yet modern everything. Beautiful city. Hobart, Australia: On the island of Tasmania. Laid back lifestyle, much cheaper cost of living than Sydney, interesting history, interesting critters and scenery, beautif...
by Valuethinker
Mon Aug 20, 2018 5:32 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 115
Views: 10134

Re: As an American, where are some great places in the world to retire?

Tallinn, Estonia: Much to do, friendly people, stable government, very low cost of living yet modern everything. Beautiful city. Hobart, Australia: On the island of Tasmania. Laid back lifestyle, much cheaper cost of living than Sydney, interesting history, interesting critters and scenery, beautif...
by Valuethinker
Mon Aug 20, 2018 5:02 am
Forum: Investing - Help with Personal Investments
Topic: Please look at my portfolio and give me advice [Norway]
Replies: 13
Views: 810

Re: Please look at my portfolio and give me advice [Norway]

With that said, and for what it's worth, while I favor a global balanced portfolio, I consider a 10% allocation for any asset class to be the minimum to bother with. My Australian investments are a 50:50 mix of stocks and bonds with 10% Australian stocks, 40% global ex-Au stocks, 10% Australian bon...
by Valuethinker
Mon Aug 20, 2018 4:54 am
Forum: Investing - Help with Personal Investments
Topic: Please look at my portfolio and give me advice [Norway]
Replies: 13
Views: 810

Re: Please look at my portfolio and give me advice [Norway]

I am from Australia and I would worry if I had only 2% of my portfolio in the Australian economy. If Australia out performs over the next couple of decades, I would need to work for years more than I otherwise would. How do you figure this is not an issue? The Australian index is mostly financials ...
by Valuethinker
Mon Aug 20, 2018 3:26 am
Forum: Investing - Help with Personal Investments
Topic: leveraging savings to generate income during planned unemployment (plus housing market insanity)
Replies: 4
Views: 520

Re: leveraging savings to generate income during planned unemployment (plus housing market insanity)

Hello. I'm writing to get some advice about how to best leverage my savings for generating income over a (hopefully) fixed period of planned unemployment. I would like to devote 6-12 months away from work for the purpose of independent study. My goal is to learn some new skills that will expand my ...
by Valuethinker
Mon Aug 20, 2018 3:13 am
Forum: Investing - Theory, News & General
Topic: Another reason to be wary of international stocks...
Replies: 17
Views: 2115

Re: Another reason to be wary of international stocks...

https://www.cnbc.com/2018/08/17/chinas-stock-market-drop-might-not-reflect-its-economic-reality.html Thoughts? The article makes the case that one should ignore the stock market in considering economic fundamentals. So, fine. It is not a warning against international investing per se? Note many Chi...
by Valuethinker
Mon Aug 20, 2018 3:09 am
Forum: Personal Finance (Not Investing)
Topic: Real estate dropping like a rock in U.K. - can the U.S. be far behind?
Replies: 36
Views: 4563

Re: Real estate dropping like a rock in U.K. - can the U.S. be far behind?

Another anecdotal data point from Columbus, Ohio. We listed our house three weeks ago on a Thursday and showed it on Friday, Saturday and Sunday. We had nine offers (all above asking price) to choose from by 6:00 p.m. on Sunday. We have a modest 1,700 sq foot house and there are more buyers for hom...
by Valuethinker
Mon Aug 20, 2018 2:59 am
Forum: Investing - Help with Personal Investments
Topic: Expanding portfolio, real estate vs REITs, vs crowdfunding
Replies: 19
Views: 935

Re: Expanding portfolio, real estate vs REITs, vs crowdfunding

I started Peer Street last year. I was attracted to the hard lending aspect of it (i.e. loans are backed by real estate) rather than the unsecured lending seen with Lending Club, Prosper, etc. I like the platform and customer service is pretty good but I am divesting as my loans liquidate. The main...
by Valuethinker
Mon Aug 20, 2018 2:56 am
Forum: Personal Finance (Not Investing)
Topic: Real estate dropping like a rock in U.K. - can the U.S. be far behind?
Replies: 36
Views: 4563

Re: Real estate dropping like a rock in U.K. - can the U.S. be far behind?

Gray wrote:
Sun Aug 19, 2018 1:56 pm
It’s all based on location. The 1951 house next door to mine with 1500 square feet is getting its list at $770k.
Granted there is this "proximity to Gray" factor which lifts housing prices ;-).

But where in the USA (metropolitan area) is this?
by Valuethinker
Sun Aug 19, 2018 11:08 am
Forum: Investing - Help with Personal Investments
Topic: Expanding portfolio, real estate vs REITs, vs crowdfunding
Replies: 19
Views: 935

Re: Expanding portfolio, real estate vs REITs, vs crowdfunding

Curious to hear what you guys think.. My portfolio is about 20% tiaacref traditional (3% vintage, + 1% per year so far), the rest is blend sp500 high mod low cap index, fidelity contrafund (all depending on which retirement account) I am 35. I just started really putting away (physician just starti...
by Valuethinker
Sun Aug 19, 2018 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Why the Yale Endowment Hate? [Request for portfolio help]
Replies: 107
Views: 7060

Re: Why the Yale Endowment Hate?

The argument Swensen makes is that if there is deflation, then LT Treasuries are better than IT or ST Treasuries - think Japan like conditions. I haven't read Swensen's book and I probably should, but I continue to be completely, utterly, totally mystified as to why anyone with positive net worth t...
by Valuethinker
Sun Aug 19, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: Why the Yale Endowment Hate? [Request for portfolio help]
Replies: 107
Views: 7060

Re: Why the Yale Endowment Hate?

20% in real estate is pretty darn high. Nobody, not even Swenson as I recall, recommends that these days. We debate that, interminably. Let's say there is no obvious case that US commercial RE is undervalued-- a strong contrast to the late 1990s/ early 2000s when the yields on REITs were much highe...
by Valuethinker
Sun Aug 19, 2018 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Real estate dropping like a rock in U.K. - can the U.S. be far behind?
Replies: 36
Views: 4563

Re: Real estate dropping like a rock in U.K. - can the U.S. be far behind?

Seems like real estate prices and bidding wars in the U.S. have been as crazy as in England. Now with rising interest rates, the party seems to be over in the U.K. Is this likely to be a global phenomenon? Bad time to be buying? http://www.thisismoney.co.uk/news/article-6064685/Fears-grow-house-pri...
by Valuethinker
Sun Aug 19, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: As an American, where are some great places in the world to retire?
Replies: 115
Views: 10134

Re: As an American, where are some great places in the world to retire?

Tallinn, Estonia: Much to do, friendly people, stable government, very low cost of living yet modern everything. Beautiful city. Hobart, Australia: On the island of Tasmania. Laid back lifestyle, much cheaper cost of living than Sydney, interesting history, interesting critters and scenery, beautif...
by Valuethinker
Sun Aug 19, 2018 7:55 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 599
Views: 35063

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

So far I haven't heard a compelling reason to invest only in the US. - lower volatility due to avoiding currency exposure also international markets have tended towards higher volatility than USA - lower costs (much less of an argument than it was in the past) - limited gains from international div...
by Valuethinker
Sun Aug 19, 2018 7:47 am
Forum: Personal Finance (Not Investing)
Topic: Cost of Living between NYC and U.K.?
Replies: 16
Views: 1423

Re: Cost of Living between NYC and U.K.?

I work in Boston and earn $100k. I have a job opportunity, which would be a promotion. I'd expect at least a 25% raise which puts me at $125k. The issue is that I can either work in NYC or Oxford. What would be an equivalent salary to $125k in each city, in terms of cost of living? What might the s...
by Valuethinker
Sun Aug 19, 2018 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Cost of Living between NYC and U.K.?
Replies: 16
Views: 1423

Re: Cost of Living between NYC and U.K.?

The cost of living in nyc would be around 30-40% more than in Oxford. You should jump at the chance to do it. I am guessing that is mostly about rent? In terms of *things* my experience is fresh fruit and vegetables are cheaper in the UK - the quality and range of food is generally superior (based ...
by Valuethinker
Sun Aug 19, 2018 6:59 am
Forum: Personal Finance (Not Investing)
Topic: Cost of Living between NYC and U.K.?
Replies: 16
Views: 1423

Re: Cost of Living between NYC and U.K.?

In a good or bad way? I think the problem with trying to compare healthcare is that the story can change drastically depending on the situation. The young and healthy would scoff at paying £5.5k NI vs. the US rates. Old and those with chronic medical needs may think that's cheap. And to confuse mat...
by Valuethinker
Sun Aug 19, 2018 6:35 am
Forum: Personal Finance (Not Investing)
Topic: Your major and investing/finance?
Replies: 80
Views: 3451

Re: Your major and investing/finance?

student wrote:
Sun Aug 19, 2018 4:44 am
PhD in Mathematics. I think investing is relatively fun.
And john Paulo's, a mathematician, write a very funny book about himself Vs the efficient market. "A Mathematician Plays the Market".
by Valuethinker
Sun Aug 19, 2018 6:33 am
Forum: Personal Finance (Not Investing)
Topic: Your major and investing/finance?
Replies: 80
Views: 3451

Re: Your major and investing/finance?

I'm an intelligence professional...and have a Masters of Science in Strategic Intelligence. My studies were very heavy on logical fallacies, cognitive biases, and "thinking about thinking". I was drawn to Boglehead-ism (even before my studies) due to strength of the academic support and the logic-o...
by Valuethinker
Sat Aug 18, 2018 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Cost of Living between NYC and U.K.?
Replies: 16
Views: 1423

Re: Cost of Living between NYC and U.K.?

I work in Boston and earn $100k. I have a job opportunity, which would be a promotion. I'd expect at least a 25% raise which puts me at $125k. The issue is that I can either work in NYC or Oxford. What would be an equivalent salary to $125k in each city, in terms of cost of living? What might the s...
by Valuethinker
Sat Aug 18, 2018 5:25 am
Forum: Investing - Help with Personal Investments
Topic: Lending money to Goldman Sachs?
Replies: 6
Views: 1112

Re: Lending money to Goldman Sachs?

Callable

In rising interest rate environment why would you do this?

Why don't you just buy a bond issued by Goldman Sachs?
by Valuethinker
Fri Aug 17, 2018 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Quant / Financial Technology Job Opportunities / companies in New York City
Replies: 26
Views: 1457

Re: Quant / Financial Technology Job Opportunities / companies in New York City

Not nyc, but Long Island - renaissance technologies. Sure, will add to the list, but the primary goal is to stay and experience NYC, without much commute to work, job is to sustain the stay in NYC. A lot of the hedge funds are in Greenwich or Stamford Connecticut. Renaissance is out on its own in L...
by Valuethinker
Fri Aug 17, 2018 8:20 am
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 599
Views: 35063

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Is the headline here "The Death of Foreign Equities"? (Mirroring the famous August 13, 1979 Business Week headline about US stocks.) As long as the super cap tech cos are in the ascendant (Apple, Amazon, Netflix, Google, Facebook + Microsoft) the US likely keeps outperforming. If the market falls o...
by Valuethinker
Fri Aug 17, 2018 8:05 am
Forum: Investing - Theory, News & General
Topic: Bullish/bearish on GE? Make your case here - new lows today
Replies: 58
Views: 4345

Re: Bullish/bearish on GE? Make your case here - new lows today

Her money, her choice (as an aside, I am all low cost index funds, save some inherited stock). But I found her rationale interesting. If you look over a century, and consider how they have overcome all of the challenges of the last 100 years, then GE is a screaming buy for the patient investor. Bog...
by Valuethinker
Fri Aug 17, 2018 7:37 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 325

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

The main problem is the poor performance of most EIS/ VCT type investments vs. the broader quoted market.

It makes paying the tax more worthwhile.
by Valuethinker
Fri Aug 17, 2018 7:24 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 325

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

I am looking at possible ways to save on UK inheritance tax when the day comes. One of these is investing in shares in the UK AIM market. Has anyone here done this? As far as I see, there seem to be two problems: a. You would probably need an active manager to invest in that market, and b. There do...
by Valuethinker
Fri Aug 17, 2018 7:14 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 325

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

I believe if you live 7 years past the date of gift that there is no tax payable? Yes I have seen the 7 years rule in some articles; on the other had I am wondering whether there's a limit to the amount you can give; some other articles speak of a 3000£ limit per year. So I suppose that the gift al...
by Valuethinker
Fri Aug 17, 2018 7:13 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 325

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

I would rather give my kids the money now so they can invest in a global index etf. Yes, I have already to some extent. Two problems with that though: there's tax on gifts too; and more specifically to our situation, my wife does not agree on giving them more at least for now. There’s not really an...
by Valuethinker
Fri Aug 17, 2018 7:12 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 325

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

I would rather give my kids the money now so they can invest in a global index etf. Yes, I have already to some extent. Two problems with that though: there's tax on gifts too; and more specifically to our situation, my wife does not agree on giving them more at least for now. There’s not really an...
by Valuethinker
Fri Aug 17, 2018 5:59 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 325

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

I would rather give my kids the money now so they can invest in a global index etf. Yes, I have already to some extent. Two problems with that though: there's tax on gifts too; and more specifically to our situation, my wife does not agree on giving them more at least for now. I believe if you live...
by Valuethinker
Fri Aug 17, 2018 5:57 am
Forum: Investing - Theory, News & General
Topic: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?
Replies: 15
Views: 325

Re: Uk investor: saving on inheritance tax by investing in AIM shares: good or bad idea?

I am looking at possible ways to save on UK inheritance tax when the day comes. One of these is investing in shares in the UK AIM market. Has anyone here done this? As far as I see, there seem to be two problems: a. You would probably need an active manager to invest in that market, and b. There do...
by Valuethinker
Fri Aug 17, 2018 5:49 am
Forum: Investing - Help with Personal Investments
Topic: Why bonds when they return nothing over inflation?
Replies: 31
Views: 4806

Re: Why bonds when they return nothing over inflation?

OP, In my opinion you are thinking about things correctly, as are other posters who point to the psychological aspect of bond holding; but yes, it is essentially taking money off the table. Those that argue for holding bonds to “buy low” when the market dips are really advocating for market timing....
by Valuethinker
Fri Aug 17, 2018 5:46 am
Forum: Investing - Help with Personal Investments
Topic: Why bonds when they return nothing over inflation?
Replies: 31
Views: 4806

Re: Why bonds when they return nothing over inflation?

Yeah I understand that a global equities portfolio is not the same as having a portion in risk free assets, and as you said when there is a global collapse it all drops. My thinking is that unlike Japan that has had a massive amount of time in the trenches after the collapse, a global collapse will...
by Valuethinker
Fri Aug 17, 2018 5:04 am
Forum: Investing - Help with Personal Investments
Topic: Why bonds when they return nothing over inflation?
Replies: 31
Views: 4806

Re: Why bonds when they return nothing over inflation?

jainn wrote:
Thu Aug 16, 2018 7:36 am
Jainn
Thank you.

I really enjoyed this piece of analysis re benefits of diversification etc.

The 2000s were not a great time for stock investors - thrilling ride but if you had retired at the beginning of that period, it would have been difficult.
by Valuethinker
Fri Aug 17, 2018 4:55 am
Forum: Investing - Help with Personal Investments
Topic: Index Fund Investing in Sweden, for Swede's
Replies: 12
Views: 620

Re: Index Fund Investing in Sweden, for Swede's

Looking specifically at the Vanguard FTSE All-World UCITS ETF (VWRL) https://www.vanguardinvestments.se/portal/instl/se/en/product.html#/fundDetail/etf/portId=9505/assetCode=equity/?overview Seems very similar to Vanguard VT, but I believe it is NOT available to a retail investor in Sweden? If not,...
by Valuethinker
Fri Aug 17, 2018 4:16 am
Forum: Investing - Help with Personal Investments
Topic: DCA investing or going into debt ?
Replies: 6
Views: 600

Re: DCA investing or going into debt ?

Hello, I got my first full-time job last week and will start working by the beginning of September. Net income will be around 3000 EUR (based in Europe). I want to save & invest 25% of the income. I have two solutions: -I invest each month 750 in the stock market -I can go easily into debt @0.90%/y...
by Valuethinker
Fri Aug 17, 2018 4:13 am
Forum: Investing - Theory, News & General
Topic: Bullish/bearish on GE? Make your case here - new lows today
Replies: 58
Views: 4345

Re: Bullish/bearish on GE? Make your case here - new lows today

GE is doing decade lows today. I bought $2000 worth at 12.xx today . In 2008, their low was ~$8.50. Today they're trading $12.xx. I can see it doing 8 unless it goes to zero which means I'll take heat for about 1/3 of my position size. If their old low marks the ultimate bottom. I don't really know...
by Valuethinker
Fri Aug 17, 2018 4:08 am
Forum: Investing - Help with Personal Investments
Topic: Enough. How do I invest in Australia.
Replies: 22
Views: 1487

Re: Enough. How do I invest in Australia.

Looking at those graphs it appears perhaps all of the Australian out performance is due to the 1930s. Australia didn't take much of a hit during great depression. The US lost much more than 50% After that I suspect the returns are pretty similar. Australia is somewhat of a natural resources commodi...