Search found 5018 matches

by willthrill81
Mon Aug 20, 2018 10:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 89
Views: 9165

Re: Vanguard predicts 10 year equity returns

Do any of the predominant models used to forecast future stock returns specifically incorporate growth in earnings? I don't recall ever seeing one that did. I would think that earnings growth will have a much bigger impact on future returns than just about anything else, including valuations, inter...
by willthrill81
Mon Aug 20, 2018 10:44 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 89
Views: 9165

Re: Vanguard predicts 10 year equity returns

Do any of the predominant models used to forecast future stock returns specifically incorporate growth in earnings? I don't recall ever seeing one that did. I would think that earnings growth will have a much bigger impact on future returns than just about anything else, including valuations, intere...
by willthrill81
Mon Aug 20, 2018 10:39 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 154
Views: 14431

Re: Treasury Bonds are the Only Bonds You Need

401k doesn’t offer Treasury only, total bond market index is next best choice. The other bond funds are too expensive and corporate credit only. Same here in both my 401k and 457. Although these days, the stable value fund in my 401k paying 3.25% is a better deal anyway. Does Fidelity have such a f...
by willthrill81
Mon Aug 20, 2018 8:08 pm
Forum: Investing - Theory, News & General
Topic: Slash your retirement Risk
Replies: 8
Views: 1588

Re: Slash your retirement Risk

Theoretical wrote:
Mon Aug 20, 2018 8:01 pm
This looks like a long/flat equal sector trend following system. Stop-losses are at least as important to trend following systems as the averages or stats that are used.
Not all trend following systems use stop-losses. Many do not, including the one I use.
by willthrill81
Mon Aug 20, 2018 6:18 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Suddenly, tilting from ~50/50 to 100% US seems like an extreme position , requiring a robust rational that encompasses market theory and data. I'm not against tilting for good reasons, but the argument needs to come from the right starting point. I suppose it all depends on how you define "extreme....
by willthrill81
Mon Aug 20, 2018 5:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 89
Views: 9165

Re: Vanguard predicts 10 year equity returns

I read the entire article and thought it was good. Vanguard's predictions of 10 yr. returns are much lower than either the last decade's or long term historical averages. I don't believe any predictions by anyone are rock solid but as predictions go, Vanguard's seem to me as reasonable as anyone's ...
by willthrill81
Mon Aug 20, 2018 5:22 pm
Forum: Investing - Theory, News & General
Topic: Are millennials botching their asset allocations?
Replies: 58
Views: 5973

Re: Are millennial botching their asset allocations?

I disagreed. 100/0 is not on the efficient frontier. I'm not convinced risk-adjusted return is an appropriate way to think about investing on a 30-40 year time horizon. I would suggest "risk" is not consequential with this timeline and will only serve to reduce return during the investment period. ...
by willthrill81
Mon Aug 20, 2018 4:45 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Suddenly, tilting from ~50/50 to 100% US seems like an extreme position , requiring a robust rational that encompasses market theory and data. I'm not against tilting for good reasons, but the argument needs to come from the right starting point. I suppose it all depends on how you define "extreme....
by willthrill81
Mon Aug 20, 2018 4:42 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 154
Views: 14431

Re: Treasury Bonds are the Only Bonds You Need

401k doesn’t offer Treasury only, total bond market index is next best choice. The other bond funds are too expensive and corporate credit only. Same here in both my 401k and 457. Although these days, the stable value fund in my 401k paying 3.25% is a better deal anyway. Does Fidelity have such a f...
by willthrill81
Mon Aug 20, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 89
Views: 9165

Re: Vanguard predicts 10 year equity returns

Bacchus01 wrote: It is a fallacy that this is a 9 year bull market. So quickly people forget 2015/2016. The general definition for the end of a bull market is a 20% decline in market value which also defines the start of a bear market. That did not occur in 2015/2016. A decline of 10% - 20% defines...
by willthrill81
Mon Aug 20, 2018 2:46 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Suddenly, tilting from ~50/50 to 100% US seems like an extreme position , requiring a robust rational that encompasses market theory and data. I'm not against tilting for good reasons, but the argument needs to come from the right starting point. I suppose it all depends on how you define "extreme....
by willthrill81
Mon Aug 20, 2018 2:09 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 154
Views: 14431

Re: Treasury Bonds are the Only Bonds You Need

For those contemplating international government bonds, take a look at the price chart for IGOV on stockcharts. This thing looks quite volatile compared to Vanguard's international bond fund (not a government bond fund). Best I can figure, it might be due to fact that Vanguard hedges it's bond fund...
by willthrill81
Mon Aug 20, 2018 10:03 am
Forum: Investing - Theory, News & General
Topic: Slash your retirement Risk
Replies: 8
Views: 1588

Re: Slash your retirement Risk

Hey all has anyone read this book and folks that may have thoughts on his system as discussed in the book ? Thanks Is this the book you are referring to? "Slash Your Retirement Risk", Chris Cook Slash Your Retirement Risk is your step-by-step guide to create a retirement portfolio that will provide...
by willthrill81
Mon Aug 20, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 154
Views: 14431

Re: Treasury Bonds are the Only Bonds You Need

But IMHO TIPS haven’t really proven to be to be the superior inflation hedge that I think people expected. What makes you say that? TIPS have done exactly what they advertise to do. It's just that inflation has been very low. Morningstar published a pretty balanced view of TIPS that goes into more ...
by willthrill81
Sun Aug 19, 2018 4:36 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

... So do you use a relative strength criterion for determining which asset classes to move into? Yes, basically a momentum based strategy i.e. trend following. Somewhat like the approach Antonacci uses but I rolled my own before his book came out. Never read his book but I have seen articles descr...
by willthrill81
Sun Aug 19, 2018 4:15 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

... I honestly don't know what I would do if I wasn't a trend follower (I don't have a static AA). The U.S. has been a great market for decades, but it might turn into Japan 2.0. If I did incorporate international into my portfolio, it would be at least half of my equities, because I would be inves...
by willthrill81
Sat Aug 18, 2018 8:58 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

As others have pointed out: we can't conclude both that international is riskier and that it provides less return (historically and going forward) without admitting an inexplicable inefficiency. I wouldn't call home country bias an "inexplicable efficiency." It tends to be even stronger in internat...
by willthrill81
Sat Aug 18, 2018 8:39 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

As others have pointed out: we can't conclude both that international is riskier and that it provides less return (historically and going forward) without admitting an inexplicable inefficiency. I wouldn't call home country bias an "inexplicable efficiency." It tends to be even stronger in internat...
by willthrill81
Sat Aug 18, 2018 5:51 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Fair enough. But one could ask how relevant data from 90 years ago is to today's global economy. To that, there is no objective answer. I don't think the question is objective, but that's not what I want to discuss. Instead, I want to ask which of the following are you saying: 1. ex-US markets are ...
by willthrill81
Sat Aug 18, 2018 2:14 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

When people dismiss the single-country risk of their US-only investments by arguing that if the US tanks, it will have the same effects around the world, they seem to ignore how big Japan’s share of market was in the 1980s. We're not ignoring it. But when Japan's stocks tanked, the rest of the worl...
by willthrill81
Sat Aug 18, 2018 12:04 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

When people dismiss the single-country risk of their US-only investments by arguing that if the US tanks, it will have the same effects around the world, they seem to ignore how big Japan’s share of market was in the 1980s. We're not ignoring it. But when Japan's stocks tanked, the rest of the worl...
by willthrill81
Fri Aug 17, 2018 10:34 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

In the same vein that one could argue that international bonds aren't appropriate for the reasons you've outlined, they could argue that international equity's returns (in total) provide less 'upside potential' than U.S. equities. I'm not saying that's absolutely correct, but the argument is very s...
by willthrill81
Fri Aug 17, 2018 9:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 89
Views: 9165

Re: Vanguard predicts 10 year equity returns

Those are predicted nominal returns. https://advisors.vanguard.com/iwe/pdf/FA863418.pdf They're predicting inflation will stay around 2%, so real US market returns of 1-3% over the next decade. 10-yr treasury bonds yield nearly 3% now. If that holds, predicted 3-4% nominal on US equities means Vang...
by willthrill81
Fri Aug 17, 2018 9:54 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Actually, the 'default position' is a market cap weighting of the world's stocks, bonds, real estate, cryptocurrency, etc. I doubt that anyone holds such a position. Please let's use the principle of charity here at least. Investing in real estate (outside of the REITs) and cryptocurrencies can be ...
by willthrill81
Fri Aug 17, 2018 9:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 89
Views: 9165

Re: Vanguard predicts 10 year equity returns

Please tell me these are real returns. I suspect not. I'm pretty sure those are real return estimates. Those are predicted nominal returns. https://advisors.vanguard.com/iwe/pdf/FA863418.pdf They're predicting inflation will stay around 2%, so real US market returns of 1-3% over the next decade. 10...
by willthrill81
Fri Aug 17, 2018 9:37 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

20+ years of inferior International performance... At what point does our own script change about International? If it lags for 30 years, 40 years? Never...? Looking at Portfoliovisualizer of a graph of the last 20 years of US vs. World Ex US, What I can see is that World Ex US takes the lead, then...
by willthrill81
Fri Aug 17, 2018 9:27 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Actually, the 'default position' is a market cap weighting of the world's stocks, bonds, real estate, cryptocurrency, etc. I doubt that anyone holds such a position. Please let's use the principle of charity here at least. Investing in real estate (outside of the REITs) and cryptocurrencies can be ...
by willthrill81
Fri Aug 17, 2018 5:22 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 89
Views: 9165

Re: Vanguard predicts 10 year equity returns

Please tell me these are real returns. I suspect not. I'm pretty sure those are real return estimates. Investment grade corporate bonds are yielding 3-4% nominal, if that's their expectation for equities as well... hmm.. :annoyed Precisely. If those were real returns estimates and I thought that's ...
by willthrill81
Fri Aug 17, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 89
Views: 9165

Re: Vanguard predicts 10 year equity returns

Tamalak wrote:
Fri Aug 17, 2018 2:20 pm
Please tell me these are real returns. I suspect not.
I'm pretty sure those are real return estimates.
by willthrill81
Fri Aug 17, 2018 5:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard predicts 10 year equity returns
Replies: 89
Views: 9165

Re: Vanguard predicts 10 year equity returns

Households' average equity allocation, arguably the single best predictor of stock returns, is currently forecasting 3.45% returns over the next ten years, which is in line with most other forecasting tools' prognostications. We'll see.
by willthrill81
Fri Aug 17, 2018 4:43 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I have no desire to see my portfolio drop 50% and remain there for years, and I firmly believe that that could happen with U.S. or international equities. My chosen strategy might not prevent that, but to the extent that the future resembles the past, it's likely to. We'll see. How much would a por...
by willthrill81
Fri Aug 17, 2018 4:14 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I have no desire to see my portfolio drop 50% and remain there for years, and I firmly believe that that could happen with U.S. or international equities. My chosen strategy might not prevent that, but to the extent that the future resembles the past, it's likely to. We'll see. How much would a por...
by willthrill81
Fri Aug 17, 2018 3:37 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

0% international here. By international, I mean ex-US. Let's talk VGTSX. Straight from Vanguard's own website, growth rate, 4.84% compounded since inception, 4/29/1996. The year is 2018. 22 years. I've said it before and I'll say it again. That is too long a period for such a low growth rate. If yo...
by willthrill81
Fri Aug 17, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Savings rate per month???
Replies: 63
Views: 4881

Re: Savings rate per month???

We have a 51% pre-tax savings rate right now.
by willthrill81
Fri Aug 17, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Experian email alert! "Your score decreased"
Replies: 37
Views: 3271

Re: Experian email alert! "Your score decreased"

I've also noticed that depending on who I get my credit score from, it will vary by 20 points or more. :annoyed
by willthrill81
Thu Aug 16, 2018 8:31 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

So now one of the arguments for international is that the US dollar might collapse, while the rest of the world hums along....surely no one actually believes that. Folks are working hard to find some reason to hold ex-US... The normal Boglehead argument that it does well if you keep it for the long...
by willthrill81
Thu Aug 16, 2018 6:38 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

bligh wrote:
Thu Aug 16, 2018 6:34 pm
9 pages in. I have to ask. Has a single person changed their position having read or participated in this thread? :shock: :oops:


:sharebeer
"Even when you win an argument on the Internet, you're still a loser."

:D
by willthrill81
Thu Aug 16, 2018 6:12 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

Does someone really believe that could never happen? Never? Never is an awfully long time. Being a trend follower, I'm actually ambivalent to U.S. versus international stocks. That being said, we're not talking about forever, even for buy-and-hold investors. As Jack Bogle has said, the majority of ...
by willthrill81
Thu Aug 16, 2018 5:44 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

I believe that the SWR for a 30 year period using a 50/50 stock/bond split for global market cap weighted equities was actually around 3.5%. It was certainly higher than 2.2% unless you excluded the U.S. It was 2.2% in Japan . Remember, global cap weight does not produce similar returns for every c...
by willthrill81
Thu Aug 16, 2018 5:36 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

The approach is based on the notion that the market does an effective job of pricing securities. There is absolutely no reason to think that rationale would fail beyond the US borders. Then why have risk adjusted returns for U.S. equities been dramatically higher than international equities for 30 ...
by willthrill81
Thu Aug 16, 2018 5:32 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

One must ask how the rest of the world's stocks would perform if the U.S. did a repeat of Japan. That's a matter of conjecture, but I doubt that most believe that a 20% allocation to international stocks would 'save the day'. A while back someone posted research of safe withdrawal rates of differen...
by willthrill81
Thu Aug 16, 2018 5:22 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

The approach is based on the notion that the market does an effective job of pricing securities. There is absolutely no reason to think that rationale would fail beyond the US borders. Then why have risk adjusted returns for U.S. equities been dramatically higher than international equities for 30 ...
by willthrill81
Thu Aug 16, 2018 5:19 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

If you prefer the safety of US, that's fine, but your returns will likely be greater if you up your international allocation. The market has already priced in everything you have observed. That's why international has lower valuations than US, and why, therefore, the expected returns of internation...
by willthrill81
Thu Aug 16, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

If we assumed for a moment that the EMH was false, I wonder how many would still be beating the global market cap drum. If EMH were false, it would be because some set of investors could effectively look at fundamentals, the future, and systemically beat the market. Nothing you have said reflects a...
by willthrill81
Thu Aug 16, 2018 4:13 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

The approach is based on the notion that the market does an effective job of pricing securities. There is absolutely no reason to think that rationale would fail beyond the US borders. Then why have risk adjusted returns for U.S. equities been dramatically higher than international equities for 30 ...
by willthrill81
Thu Aug 16, 2018 4:09 pm
Forum: Investing - Theory, News & General
Topic: Fidelity 401(k) millionaires hits record high
Replies: 48
Views: 5394

Re: Fidelity 401(k) millionaires hits record high

I am quite surprised at how relatively few Fido 401 (k) millionaires there are. You basically have to have the same job for 20 years and contribute more than average to accumulate $1MM in a 401k. You certainly need to contribute more than average, which is very little, but you can easily do either ...
by willthrill81
Thu Aug 16, 2018 3:30 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

This! Performance has nothing to do with the Bogleheads strategy. It says, buy and hold your asset allocation and dont mess with it. Be content that you are going to get the market returns. It is highly unlikely that you will be able to beat the market in the long run, so diversify , keep your cost...
by willthrill81
Thu Aug 16, 2018 2:41 pm
Forum: Investing - Theory, News & General
Topic: "Fidelity Zero vs Vanguard: Which index fund is better?"
Replies: 9
Views: 851

Re: "Fidelity Zero vs Vanguard: Which index fund is better?"

The author makes an interesting observation that Dreyfus funds (now part of BNY Mellon) invested his money in their funds, and then raised fees after a while, and presumably he could not cash out due to capital gains. Definitely something to keep in mind for people considering investing in these "z...
by willthrill81
Thu Aug 16, 2018 2:40 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

No matter how efficient the market is, it cannot change the fact that a European investor buying European stocks with euros experiences less risk than a US investor buying those identical European stocks with dollars, and that a US investor buying US stocks in dollars experiences less risk and the ...
by willthrill81
Thu Aug 16, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 613
Views: 36638

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

International stocks having 20 or 30 year underperformance compared to the US means nothing at all for the future. They are both diversified set of stocks and International more so than US because it's a basket of countries and a greater percentage. The US is only about 35-40% of world cap. Just be...