The U.S. stock market enjoyed a major bull run in the second half of the 1990s, with the S&P 500 Index climbing an average of almost 29 percent per year between 1995 and 1999. However, it appears that the average investor did not reap much of that reward, says John Bogle, former chairman of the Vanguard Group, a major mutual fund company. […]
Month: July 2008
Want to give your portfolio an edge? Try investing globally
There are nearly 70 stock markets offering their wares to investors around the globe. Sexy, up-and-coming markets like China beckon, while exotic markets like Turkey’s and Russia’s are growing fast. How should an investor allocate his limited investment dollar? Probably the best method involves following the actual capitalization of the world’s markets, that is, investing the most in the biggest markets and […]
Client Letter – Q2 2008
The volatile investment climate has continued. Global stock markets climbed sharply in April and May, only to fall back to their lowest levels of the year in June. The following chart shows the 1-year, 5-year, and 10-year performance of many DFA funds (representing different asset classes) compared to the S&P 500 Index:Market Returns for the period ending June 30, 2008 […]
