tag:blogger.com,1999:blog-2875915890415125655.post4025898055411497652..comments2023-05-18T10:37:34.608+01:00Comments on <a href="http://www.retirementinvestingtoday.com">Retirement Investing Today</a>: The Best Performing Stock Market in the WorldRetirementInvestingTodayhttp://www.blogger.com/profile/03088383743670046657noreply@blogger.comBlogger13125tag:blogger.com,1999:blog-2875915890415125655.post-34057947719875957562013-04-29T20:00:39.010+01:002013-04-29T20:00:39.010+01:00You and my better half would get on really well. ...You and my better half would get on really well. It's an interesting idea. A couple of problems with it (at least at the moment):<br />1. The site currently makes about enough to cover running costs (my time comes for free) and so the site could not currently fund help. I appreciate that sometimes you have to invest for a return but;<br />2. This site is also my hobby. As I've said RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-1696736859114706862013-04-29T11:34:09.483+01:002013-04-29T11:34:09.483+01:00Have you ever considered outsourcing some of your ...Have you ever considered outsourcing some of your data analysis in the style of the Tim Ferris 4 Hour Work Week? It might reduce the stress in trying to keep up with the various data sets and it may also allow you to do more, have an ever more interesting site, and make more money from referrals!BeatTheSeasonsnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-31172998075954675232013-04-28T17:35:24.319+01:002013-04-28T17:35:24.319+01:00£2.34. Great price. I bought it when it was first ...£2.34. Great price. I bought it when it was first published in 2009 so paid a lot more than that but even at full price it was worth every penny for me. I'd value your thoughts on it once you've had a read.<br /><br />Yes, I do receive a small commission (5%) from Amazon Affiliates if you buy off the link. They charge you no extra though so buying off the link is appreciated. On this RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-48716539818345789892013-04-28T17:02:43.436+01:002013-04-28T17:02:43.436+01:00Excellent. Book bought (via your link, so you may...Excellent. Book bought (via your link, so you may be getting a massive percentage of the £2.34 it cost - bring your retirement date forward). Gravitashttps://www.blogger.com/profile/09628818450536855638noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-89213858762280699942013-04-28T16:49:59.867+01:002013-04-28T16:49:59.867+01:00Hi Gravitas
Yes I have considered Tobin's q. ...Hi Gravitas<br /><br />Yes I have considered Tobin's q. I have however found it difficult to get hold of historical "company net worth" data for each of my indices where the CAPE raw data is fairly easy to find and process now.<br /><br />If you're interested in CAPE vs q you might want to look at the Smither's book in my "Books that helped me" tab. He went RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-88286305829617056852013-04-28T16:23:27.534+01:002013-04-28T16:23:27.534+01:00RIT - have you ever considered using Tobin's q...RIT - have you ever considered using Tobin's q ratio to analyse different markets? I hadn't until the most recent GMO post (http://www.gmo.com/America/). From my initial reading, appears to be a useful indicator for assessing the value of the American market but data seems very limited for other markets - if anyone could point me in the right direction for this I would be grateful. <br Gravitashttps://www.blogger.com/profile/09628818450536855638noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-33135147651624490202013-04-28T15:47:06.127+01:002013-04-28T15:47:06.127+01:00Hi John
I'd say the last 5 years have been in...Hi John<br /><br />I'd say the last 5 years have been interesting but there has also been plenty of interesting times before that. I'm not sure there is ever such a time as typical.<br /><br />Thanks for the Credit Suisse link. Looks like a valuable read that I will undertake when I get some quiet time. Do you know if the yearbook accounts for currency exchange and total return or are RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-39277319727572556722013-04-28T15:37:53.355+01:002013-04-28T15:37:53.355+01:00Hi K.
You're of course right. The above anal...Hi K.<br /><br />You're of course right. The above analysis does not allow for the skill of some active fund managers but instead is based on the analysis of a series of country indices. I am currently working on a post discussing active vs passive investing which should go live in the next few days. I'd be interested in your thoughts.<br /><br />If you are looking to compare those RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-11543109248000867762013-04-28T14:22:18.668+01:002013-04-28T14:22:18.668+01:00If you looked over 100 years you'd still have ...If you looked over 100 years you'd still have your money in the US and UK rather than Italy or the EMs.deariemenoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-34806542980454375512013-04-28T11:25:04.085+01:002013-04-28T11:25:04.085+01:00Interesting article as ever RIT.
I think by most ...Interesting article as ever RIT.<br /><br />I think by most standards, the past 5 yrs have not been so typical. Obviuosly the data will vary according to the length of the period under review.<br /><br />According to research published in the Credit Suisse yearbook,for the 10 years previos i.e. for the period 2000 - 2010, the returns from equities of emerging market countries far exceeded those Getting to Net Zerohttps://www.blogger.com/profile/05649975918886866788noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-11855598461393803422013-04-28T11:01:12.320+01:002013-04-28T11:01:12.320+01:00This question is more for passive investors. If yo...This question is more for passive investors. If you are in Active crowd, such comparison may not be valid that much. Although, it is true that emerging markets underperformed recently with somewhat low valuations.<br /> 5y<br />Aberdeen Emerging Markets A Acc Fund +79.4<br />Global Emerging Markets - +21.2<br /><br />K.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-30235921146006414882013-04-28T10:44:24.412+01:002013-04-28T10:44:24.412+01:00Hi BeatTheSeasons
Valued comments as always.
O...Hi BeatTheSeasons<br /><br />Valued comments as always. <br /><br />On your first point I very much agree. Past performance is no guide to future performance but unfortunately I don't have a crystal ball so it's all I have. Additionally, data like that used above is very hard to come by and I could only find 5 years worth. I would have liked a lot more but it is just not available RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-28087886073888376772013-04-28T08:33:11.022+01:002013-04-28T08:33:11.022+01:00Two points immediately spring to mind:
1. You are...Two points immediately spring to mind:<br /><br />1. You are using past performance (and only a short period as well) to assume that developed markets will be the best place to put your money in the future<br /><br />2. You are not considering the impact of long term movements in the pound. If the pound falls further over time then my FTSE investments might be worth a bit more in sterling terms BeatTheSeasonsnoreply@blogger.com