Research has shown that there is a strong relationship between stocks & bonds returns and the demographics of countries. What is demography? For those who studied geography, demography is the statistical study of human population. A common way to view population is the population pyramid. For Singapore, the population pyramid looks like the following. As it can be seen, majority of the population are age 30 to 50 years old.
The following is the population pyramid of Japan. As it can be seen that there are large number of the population who are above 50 years old. The number of people who are 80 years and above is quite shocking!
However, what is the relationship between demographics and investment returns? If you are on my mailing list, you can read an article examining relationship between investment returns and demographics. The article is available to existing subscribers.
If you are on my subscriber, you just need to key in your name and address and you will be directed to the link. If you are not my mailing list subscriber, do the following:
- Enter your particulars below.
- An email will be sent to you to confirm your subscription to my mailing list. Once you are on my mailing list, you will receive useful regular financial planning articles from me. (You can always unsubscribe anytime.)
- We will email you the link as soon as possible.
What do you think? Leave a comment.