Largest Mucus From Nose

Investments




Institute of savings and ground rent annually publishes a comparison of investment going back to 1972:

• French shares
• Commercial property
  
• Real Estate Housing
  
• Companies listed property
• SCPI
• Bond Fund Money Market Funds
• 
  
• Livret A
• Gold

The study this year has been published and relayed by the site pierrepapier.fr. You can find it by clicking here .

It appears that the year 2009 and over the past 10 years, it is listed property, therefore actions based on real estate, who won the race for best placement! Between 1972 and 2009, they get an internal rate of return of 11.5%, slightly surpassed by that of the French shares, to 11.6%. These last were particularly bad over the period 1999-2009. They ate their bread white before. I nuanced in mind that we are not obliged to confine itself to the French shares. The growth and dynamism are better elsewhere, unfortunately.

Regarding REITs which I have often talked about here, the author notes that they have suffered in the 90s, what we already knew. He believes their dramatic turnaround of the 2000s is clearly linked to the housing market itself, but perhaps also to the restructuring of the REITs themselves, and the market share.

These data demonstrate once again that past performance does not prejudge the future and that the time investment is key: do not come on top of an investment cycle. Still need to know, at the time, the cycle peak is reached.

The study also includes some worthy sayings of Confucius:

• should be considered the gold for what it is: a highly speculative, that is to say exactly the opposite of a protective placement .
• Good investment policy based on a constant questioning of the decision that can have on a particular investment.
• Only invest more or less well adapted to the length of detention envisaged and the risk that one is willing to take.