hswoon

Aren't people taking this for granted? If you had 'indexed' in the late 20s it would have taken you several decades before you end up with the same purchasing power as when you started, even if they held through the drawdowns.

Cheers, will have a look.

Anyone know where to search up bond quotes? Cheers

What's the reasoning/data behind this? 'The Chinese home real estate market, mostly units in high-rise buildings, is truly bizarre. Many Chinese regard apartments as capital-gains machines rather than sources of shelter. In fact, there are 50 million units in China that are owned but vacant. The owners won’t rent them because used apartments suffer an immediate haircut in value.' When your real estate market has overcapacity many multiples worse than US in GFC, and the empty apartments trade like depreciating assets...... who said it's not that bad?? http://www.barrons.com/articles/anne-stevenson-yang-why-xi-jinpings-troubles-and-chinas-could-get-worse-1417846773

Short RMB