Following up on yesterday's post comparing global, US, and Australian index rates of return and my own investment performance, today's post looks at the period after the low in the stockmarkets in March 2009. I also compare everything properly in both USD and AUD terms. First, in US Dollar terms:
Initially I tracked the ASX200 very closely coming out of the low but then gradually got pulled down by the lower performance of foreign shares. In the last year the ASX has underperformed foreign shares and that too seems to drag on our performance. Seem to be getting the worst of both worlds rather than the best! In AUD terms things look a bit different (just use the AUD/USD exchange rate to convert everything to AUD values):
Foreign shares performed poorly coming out of the financial crisis. Since mid 2011 they have outperformed Australian shares and as a result I've underperformed the foreign indices in that period.
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