It's simple: invest in the cheapest global markets and avoid the most expensive

It's simple: invest in the cheapest global markets and avoid the most expensive. Mebane Faber, CIO of Cambria Investment Management has studied how investors in different markets have fared since 1975. Faber says if you had invested $1,000 in a global stock index in 1975 and just left the money there, reinvesting dividends, over the next 36 years your money would have grown to $74,000. That's an annual return of 12.7%. But if you had invested instead each year in the 10% of world markets (via ETF's or equivalents) that were the cheapest in relation to company net assets, you would have ended up with $400,000. That's an annual return of 18.1%. (Neither figure is adjusted for inflation.) It might be time to start thinking global. Read more: (VIEW LINK)