Why the TSX is set to outperform U.S. stocks over the next 10 years

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 92%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

It seems increasingly likely the bank and resource dominated TSX is positioned to outperform the tech-heavy S&P over the coming decade

In May, 2017, I was one of 30,000 investors who made the pilgrimage to Omaha, Neb., to listen to Warren Buffett at Berkshire Hathaway’s annual meeting. As I sat in the uncomfortably hard plastic chairs, bracing myself for the multiple hours of Q&A, it was the very start of the meeting that would stay in my memory.placed a spotlight on Jack Bogle, an investor whom he had consistently praised for his pioneering use of low-cost index funds. Although Mr.

According to the report, 52 per cent of funds in Canada underperformed their benchmark in 2022. This figure increased to 84 per cent over a three-year period and finally 93 per cent over the past five years. In the U.S., the study went back 20 years, and indeed even greater underperformance occurred, with 95 per cent of funds tracking the S&P 500 not meeting their benchmark.

In the past decade, the S&P has compounded at 13 per cent per year, easily beating the TSX at just 8 per cent. Ten years ago, the market valued the TSX at a higher multiple than the S&P , but now the TSX trades at 15 times trailing earnings while the S&P has jumped to 22.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 5. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,025.14, up 189.39 points): Suncor Energy Inc. (TSX:SU). Energy. Up 43 cents, or 0.96 per cent, to $45.20 on 13.0 million shares. Enbridge Inc. (TSX:ENB). Energy. Up 35 cents, or 0.75 per cent, to $47.18 on 12.0 million shares. Manulife Financial Corp. (TSX:MFC). Finance. Up 12 cents, or 0.49 per cent, to $24.45 on 9.1 million shares. Canadian Natural Resources Ltd. (TSX:CNQ). Energ
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »

The most oversold and overbought stocks on the TSXA look at equities with price momentum in both directions
La source: globeandmail - 🏆 5. / 92 Lire la suite »

11 TSX companies that can be resilient in an economic downturnWe are looking for companies that could be unfazed by an economic downturn
La source: globeandmail - 🏆 5. / 92 Lire la suite »