Long-term data highlights share superiority 
                On the Money: The Global Investment Returns Yearbook is a useful reminder of how fees affect returns.
                
                    
    
                
                
                
             
            
        
        
            
                
                    The investment highlight for me this month was the publication of the 20th edition of the Global Investment Returns Yearbook.    
The core of the yearbook is long-term investment return data, including dividends, from 1900 to 2019 for short and long-term government bonds, shares, inflation and 
                
                
                    
                        
    
        
            
Want to read more? It's easy. 
            Choose your subscription 
        
        
            Already have an account? Login  
        
        
            
                
                    
                        
                            
                        
                            
                        
                            
                        
                            
                                
                                    
                                        
                                            
Smartphone Only Subscription 
                                            
                                                NZ$29.95 / monthly 
                                            
                                        
                                        
                                            
                                                Subscribe Now 
                                             
                                        
                                     
                                 
                            
                        
                            
                                
                                    
                                        
                                            
Monthly Premium Online Subscription 
                                            
                                                NZ$49.95 / monthly 
                                            
                                        
                                        
                                            
                                                Subscribe Now 
                                             
                                        
                                     
                                 
                            
                        
                            
                                
                                    
                                        
                                            
Smartphone Only Annual Subscription 
                                            
                                                NZ$299.00 / yearly 
                                            
                                        
                                        
                                            
                                                Subscribe Now 
                                             
                                        
                                     
                                 
                            
                        
                            
                                
                                    
                                        
                                            
Yearly Premium Online Subscription 
                                            
                                                NZ$499.00 / yearly 
                                            
                                        
                                        
                                            
                                                Subscribe Now 
                                             
                                        
                                     
                                 
                            
                        
                     
                 
                
                    
                        
                            
                                Premium Group Membership 10 Users 
                                NZ$385+GST  / monthly 
                                $38.5 per user - Pay by monthly
                                    credit card debit 
                                
                                    
                                        Subscribe Now 
                                     
                                
                             
                        
                            
                                Premium Group Membership 20 Users 
                                NZ$660+GST  / monthly 
                                $33 per user - Pay by monthly
                                    credit card debit 
                                
                                    
                                        Subscribe Now 
                                     
                                
                             
                        
                            
                                Premium Group Membership 50 Users 
                                NZ$1375+GST  / monthly 
                                $27.5 per user - Pay by monthly
                                    credit card debit 
                                
                                    
                                        Subscribe Now 
                                     
                                
                             
                        
                            
                                Premium Group Membership 100 Users 
                                NZ$2100+GST  / monthly 
                                $21 per user - Pay by monthly
                                    credit card debit 
                                
                                    
                                        Subscribe Now 
                                     
                                
                             
                        
                     
                 
                
                    
                        
                            
                                Yearly Premium Online Subscription + NBR Marketplace 
                                NZ$999.00 / yearly 
                                
                                    
                                        Subscribe Now 
                                     
                                
                             
                        
                     
                 
             
            
                
                    Individual 
                
                
                    Group membership 
                
                
                    NBR Marketplace 
                
             
            
    
        
            
                Student 
                
                    Exclusive FREE offer for uni students studying at a New Zealand university (valued at $499). 
                
                
                
             
         
    
        
    
 
                    
                
                
                    
                        
                    
                
             
         
        
            
                © All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.