7 ms·
Buy all the time. Only reliable way to win.
by mberning 4y ago
Buy all the time. Only reliable way to win.
- slaw 4y agoPast performance is not indicative of future results. Japan stock market JP225 didn't recover yet from 1990 crash.
- rubidium 4y agoYea so buy land if you’re so paranoid about becoming Japan. It’s an island nation with a very unique history. Not a great counterpoint to current US and global economics.
- argomo 4y agoAs the saying goes, there are four types of economies: developed, undeveloped, Argentina, and Japan.
- scrivna 4y agoThe UK is at more or less the same price as it was in 2000. France same as 2008. Meanwhile SPY is up 2.75x in that period. The US seems to be the anomaly. Value doesn’t always go higher. Maybe the USA is special, maybe not.
- digitalnatives 4y agoSPY is differently weighted than for example FTSE. Most indexes do not factor in dividends, if you look at the total return data where dividends are reinvested you will see there are gains in Europe, but less than the US.
- scrivna 4y agoThanks, I hadn’t realised the “obvious” indexes were measuring different things
- lordnacho 4y agoIs that with dividends? Watch out because the German DAX actually does have reinvestment in it iirc. Most of the others don't.
- qznc 4y agoAn index never includes dividends. An index fond might (accumulating) or might not (distributing).
- nly 4y agoThe UK FTSE all share total return index, which accounts for reinvested dividends, is at 8430 today and was at 2870 in May 2000. That's an annualized return of exactly 5%/year
- 4y ago
- rwmj 4y agoBuying land in Japan isn't a great idea (except to live on it). You have to pay a hefty annual tax on it. Land even with property on it is so often abandoned they have a word for it and many marketplaces where you can buy abandoned land from the tax office.
- astrange 4y agoDo Japanese people have to buy Japanese stocks just because it's the same country?
- SapporoChris 4y agoNo, Japanese can invest in other markets using international brokers. I don't know details on the fees and currency conversions. Investing in a foreign exchange is always at a slight disadvantage because of currency conversions and fees. For a US centric view: https://www.investopedia.com/articles/investing/032615/how-trade-foreign-stocks.asp https://www.investopedia.com/articles/investing/032615/how-t...
- id 4y agoUS stocks are traded on foreign exchanges. Even if you insist on buying on a US exchange, the currency conversion is not very expensive. If you're a buy and hold investor, it won't matter at all.
- tasuki 4y agoAnd yet you often see US people recommending to buy US stocks. There are risks and benefits to buying both domestic and international stocks.
- christophilus 4y agoIf you invested only in the Nikkei on the way up and on the way down, you still came out fine. The only person who didn’t is the person who put all of their savings in at the very top and never bought again.