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One of the charts you don't see is the performance of the stock market from say 1900-1950 for countries like Russia, Japan, France or Germany. We have this poi
by georgeecollins 4y ago
One of the charts you don't see is the performance of the stock market from say 1900-1950 for countries like Russia, Japan, France or Germany. We have this point of view that the US is a good place to invest, but to an investor in 1900 that might not have been such an obvious choice. Looking back 50 years from now it may seem like it was obvious the US was going to collapse from some political issue and clear that you belong in the stock market of Brazil, Indonesia, or I don't know what.
- throwaway77770 4y agoWouldn't the stock market chart for Russia have a rather sudden stop around 1917?
- dragonwriter 4y ago> One of the charts you don't see is the performance of the stock market from say 1900-1950 for countries like Russia The St. Petersberg Stock Exchange closed in 1914, reopened briefly for a short period in 1917, and then did not reopen thereafter. But a comparison of it to the US between 1864 and 1914 is available: https://www.investmentoffice.com/Observations/Markets_in_History/The_Russian_Stock_Market_Before_the_Revolution.html https://www.investmentoffice.com/Observations/Markets_in_His...
- georgeecollins 4y agoThat's my point. No one knew the St Petersberg stock exchange would close in 1914. The US stock exchange could close in 2044 and no one would be expecting it. 50 year predictions are unreliable.
- bagacrap 4y agoWhich is why you're supposed to buy all world indexes like VT. If that doesn't work, it's likely nothing will have (besides gold and ammo).