"It's hard to buy something down 80%," writes Mebane Faber, but it may not be a bad time to do...
"It's hard to buy something down 80%," writes Mebane Faber, but it may not be a bad time to do just that. The average 3-year return since 1920 when buying a sector lower by 80% from a peak is 172%, according to his research - think tech in 2002, homebuilders in 2009, and junior gold miners (GDXJ) today (gold miners GDX or RING are off nearly that amount). The returns are similarly enticing for entire industries and countries - think Greece (GREK) today.
Are you Bullish or Bearish on ?
Results for ()
Thanks for sharing your thoughts.
From other sites
at Nasdaq.com (Jan 26, 2015)
at Nasdaq.com (Jan 22, 2015)
at CNBC.com (Jan 16, 2015)
at Nasdaq.com (Jan 16, 2015)
at Nasdaq.com (Jan 12, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs