Quick Chart: 20-Year Rolling Returns of Stocks vs Bonds

Posted Posted in Charts

Bonds may be safer than stocks in the short term, but they can actually be riskier in the long term. This is a quick chart of rolling 20-year returns of US stocks vs bonds using Shiller data, showing that there has never been a 20-year period in the US since 1871 where US bonds have […]

An easier way to find “the next Microsoft”

Posted Posted in Investing

I’ve never considered myself the type of investor that tries to look for “the Next Microsoft”, but by that, I mean I don’t try and look for seed stage start-ups thinking they will be the one that can beat the odds and grow from zero to billions with seemingly little resistance. Over the past 10 […]

July 2020 Webinars

Posted Posted in Webinar

In July, GFM’s Tariq Dennison will be presenting two more webinars in cooperation with Interactive Brokers: On July 13th, also on cooperation with Eurex, Tariq will be answered frequently asked questions about European equities after COVID-19 and the Wirecard scandal, with actionable strategies using EuroSTOXX 50 and DAX futures. Register to attend live or to […]

Webinar: What Non-US Investors Need To Know About Investing In The US

Posted Posted in Webinar

US stock, bond, and real estate markets remain a top investment destination for foreign investors from around the world due to its well-respected rule of law and property rights, leading regulation, and strong financial privacy protections. What comes as a nasty surprise to many non-US investors into the US are the many tax traps that […]

Hong Kong listed ETFs

Updated List of HKEX-Listed Stocks With Dividend And Ratio Links

Posted Posted in Lists

Some of the most boring, but most useful posts on this website are simple, static lists of stocks with ready-to-click links to more information on them. Today, I wanted to run an updated list of HKEX-listed stocks with links to their dividend histories on AAStocks, and to some fundamental ratios on their Reuters pages. The […]

Expected Return of Stocks and Bonds vs CAPE Ratio

Expected Return of Stocks and Bonds in One Simple Chart

Posted Posted in Charts

One of the most frequently asked questions I am sent is “what is the rate of return I should expect when I invest in the market”? With bonds, it is fairly easy to see that a short-term US Treasury note bought with a yield of, say, 2%, will return you 2% per year if held […]

Vanguard Growth Underperformed the S&P 500 Over 40 Years

Posted Posted in Charts

Following the last post’s chart showing how 75% of the returns investing in the S&P 500 came from dividends, this chart by how much Vanguard Growth Underperformed the S&P 500 over the past 40 years. Not only did the growth fund provide turn an investor’s 1980 $100 into a significantly lower sum ($2,222 vs $5,280 […]

75% of S&P 500 Returns Come From Dividends: 1980-2019

Posted 3 CommentsPosted in Charts

In the short term, stock returns are dominated by the ups and downs of price movements, in the long run, stock returns are dominated by dividends. A common question is “what percentage of stock returns come from dividends over the long run?”, to which I have a simple answer using the past 40 years of […]

Hong Kong vs Singapore

Opening an Investment Account: US vs Hong Kong vs Singapore

Posted 1 CommentPosted in Investing, Personal finance

Although recent protests have drawn more international news cameras than usual, international wealth management clients have compared opening an investment account Hong Kong to having one in Switzerland, Singapore, or South Florida (Miami) for decades if not since the World Wars. While Hong Kong vs Singapore may be the most overdone comparison in Asia, this […]

Stocks or bonds

Buy stocks or bonds? 3 numbers to help decide

Posted Posted in Education, Investing

It is widely repeated in the investment community that the biggest difference in whether you earn high or low rates of return as a long-term investor is not your choice of an individual stock or bond, but how much you allocated overall to stocks vs bonds. The more you put in stocks, the more likely […]