4 ms·
One reason why it’s not a great example is the exchange rate of the currency. The Yen is worth about double now what it was in 1989.
by freehunter 7y ago
One reason why it’s not a great example is the exchange rate of the currency. The Yen is worth about double now what it was in 1989.
- 2bitencryption 7y agois there a way to see the graph in more-familiar USD? I'd expect it to not appear as drastic?
- seanhunter 7y agoTotal return on the nikkei in dollars since 1974 is 3.6% annualised. So that's including exchange rate and dividends. That gets you to about double today in nominal terms what it was back then (yay compounding!) but is still a pretty terrible rate of return for having your capital tied up over a very long period of time.