Page 127 - FlipBook BACK FROM SARAN - MAY 5 2020 - Don't Make Me Say I Told You So_6.14x9.21_v9_Neat
P. 127

Don’t Make Me Say I Told You So                                    113




           Here are the countries with the best performing stock markets
        year by year, from 2016 to 2019, along with the returns for the

        U.S. stock market:


         Growth Through Global Investing
         Annual returns of top-performing developed global stock markets


                  Greece 44%  New Zealand 39%  Ireland 38%  Switzerland 34%  United States 31%
          2019


                  Finland -2%  New Zealand -3%  United States -4%  Norway -8%  United States -4%
          2018


                  Austria 59%  Hong Kong 36%  Singapore 36%  Denmark 36%
                                                                   United States 22%
          2017


                  Canada 25%  New Zealand 19%  Norway 15%  United States 12%  United States 12%
          2016


         SOURCE: Morningstar, 2020



        Many of the World’s Best-known Brands Are

        Owned by Companies Outside the United States


        Many people in St. Louis, Missouri, the city where I grew up, and
        probably people across the country, were in complete shock

        on July 13, 2008, when the Brazilian- Belgian company InBev
        announced that it had purchased  St.  Louis-based  Anheuser


        Busch Brewing Company. There was  a palpable feeling  of



                     Chapter 3: You Must Have Growth In Your Portfolio
   122   123   124   125   126   127   128   129   130   131   132