How Much Has Apple Stock Grown Since March 2009 ?

Last week marked  the 8th anniversary of the bull market that began in 2009 at the peak of the Global Financial Crisis. Since then the SS&P has soared by more than 260% with an annual average return of about 18% with dividends reinvested. Apple(AAPL) stock has had a fantastic run that beat even the S&P …

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How To Obtain Real Diversification Benefits With Equities?

Diversification means holding various asset classes such as stocks, bonds, gold, cash, etc. across various geographical regions like developed, emerging, frontier markets. One cannot try to gain from diversification by simply owing an index fund or holding a bunch of stocks of the same asset class or type. For instance, owing a large-cap index fund …

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U.S. Financials Look Inexpensive Now

Bank stocks have soared since the election of President Trump. Compared to the overall market banks are up by double digit percentages.For example, the Financial Select Sector SPDR® Fund ETF (XLF) is up by over 46% at the end of February with most of that return accumulated since the election. Compared to the S&P 500’s 5.63% …

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International Investing: Why Diversify Across Borders?

One of the topics that I have covered many times on this blog is the benefits of international diversification. No country or region is the top performing consistently year after year. So while the U.S. market has done well in recent years, over time other markets have been top perfomers in one year than the U.S. …

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Potential Winners and Losers from Trump’s Policies

The following is a simple chart showing potential winners and loser’s from Trump’s policies:   Source: Evaluating the Trump Effect on Global Equities by Mark Phelps, Dev Chakrabarti, AB Blog, Mar 2, 2017 According to the authors of the above article, US small and mid-caps appear attractive based on three major variables—tax cuts, tariffs and the …

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Are Investors Overestimating Europe’s Political Risks?

European equities continue to trade at a discount compared to their developed world peers. For many years, when Europe suffered from one crisis after another including the soverign debt crisis, may rounds of Greek debt crisis, etc. investors fled European equities fearing total meltdown of the political and economic order. More recently, last year the …

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