What is your U.S./ex-U.S. stock allocation?

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Angst
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Re: What is your U.S./ex-U.S. stock allocation?

Post by Angst » Tue Mar 19, 2019 8:39 am

50/50

I've been fairly close to 50/50 for many years. How far back does Vanguard's Total Int'l go? Early 1980's? That's about how long I've been hanging around 50/50. I've been more, and then less attentive to rebalancing at various time periods in my life. My Int'l does tilt a good bit now to the small caps - think VSS. Is this TMI?

OP - If you get a good number of responses, will you tally and post at the top of the thread? I miss the old days when we could take and create our own polls which included a variety of options and automatically tallied results.

lostdog
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Re: What is your U.S./ex-U.S. stock allocation?

Post by lostdog » Tue Mar 19, 2019 8:51 am

Vanguard is pretty much saying market cap weight BUT making sure they're sensitive to not trolling the home bias people.

"Conclusion
In light of our quantitative analysis and qualitative
considerations, we have demonstrated that domestic
investors should consider allocating part of their
portfolios to international equities. In determining how
much to allocate between domestic and international
equities, a helpful starting point for investors is global
market-capitalization weight. In practice, many investors
will consider an allocation below this starting point based
on their sensitivity to a number of considerations,
including volatility reduction, implementation costs,
taxes, regulation, and their own preferences. "
I don't invest looking in the rear view mirror and I know absolutely nothing about the future.

renegade06
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Re: What is your U.S./ex-U.S. stock allocation?

Post by renegade06 » Tue Mar 19, 2019 8:56 am

70% US, 30% Ex-US. Vanguard recently recommended an allocation of 40% international.

typical.investor
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Re: What is your U.S./ex-U.S. stock allocation?

Post by typical.investor » Tue Mar 19, 2019 8:57 am

Seriously? Your US / ex-US allocation is a PDF?

lostdog
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Re: What is your U.S./ex-U.S. stock allocation?

Post by lostdog » Tue Mar 19, 2019 8:58 am

renegade06 wrote:
Tue Mar 19, 2019 8:56 am
70% US, 30% Ex-US. Vanguard recently recommended an allocation of 40% international.


They now recommend global market cap weight.
I don't invest looking in the rear view mirror and I know absolutely nothing about the future.

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jhfenton
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Re: What is your U.S./ex-U.S. stock allocation?

Post by jhfenton » Tue Mar 19, 2019 10:00 am

grabiner wrote:
Mon Mar 18, 2019 6:44 pm
I am 50/50, and have been at that ratio for years. I overweight emerging markets because they have lower correlation with the rest of my portfolio.
+1 50 US/25 Developed (mostly small)/25 EM

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ruralavalon
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Re: What is your U.S./ex-U.S. stock allocation?

Post by ruralavalon » Tue Mar 19, 2019 10:25 am

lostdog wrote:
Tue Mar 19, 2019 8:51 am
Vanguard is pretty much saying market cap weight BUT making sure they're sensitive to not trolling the home bias people.

"Conclusion
In light of our quantitative analysis and qualitative
considerations, we have demonstrated that domestic
investors should consider allocating part of their
portfolios to international equities. In determining how
much to allocate between domestic and international
equities, a helpful starting point for investors is global
market-capitalization weight. In practice, many investors
will consider an allocation below this starting point based
on their sensitivity to a number of considerations,
including volatility reduction, implementation costs,
taxes, regulation, and their own preferences. "
renegade06 wrote:
Tue Mar 19, 2019 8:56 am
70% US, 30% Ex-US. Vanguard recently recommended an allocation of 40% international.
lostdog wrote:
Tue Mar 19, 2019 8:58 am
renegade06 wrote:
Tue Mar 19, 2019 8:56 am
70% US, 30% Ex-US. Vanguard recently recommended an allocation of 40% international.


They now recommend global market cap weight.
Please, please :) . No debates, arguments or reasons why.
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

TomCat96
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Re: What is your U.S./ex-U.S. stock allocation?

Post by TomCat96 » Tue Mar 19, 2019 10:56 am

100/0

renegade06
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Re: What is your U.S./ex-U.S. stock allocation?

Post by renegade06 » Tue Mar 19, 2019 11:29 am

lostdog wrote:
Tue Mar 19, 2019 8:58 am
renegade06 wrote:
Tue Mar 19, 2019 8:56 am
70% US, 30% Ex-US. Vanguard recently recommended an allocation of 40% international.


They now recommend global market cap weight.
What do you mean by "global market cap weight"?

Strayshot
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Re: What is your U.S./ex-U.S. stock allocation?

Post by Strayshot » Tue Mar 19, 2019 11:37 am

100% US, just like Jack Bogle and Warren Buffett advocate

Tamalak
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Re: What is your U.S./ex-U.S. stock allocation?

Post by Tamalak » Tue Mar 19, 2019 1:13 pm

At world market cap, whatever that is. At present about 50/50. I will maintain world market cap for the next 50 years of international underperformance :sharebeer

catchinup
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Re: What is your U.S./ex-U.S. stock allocation?

Post by catchinup » Tue Mar 19, 2019 1:30 pm

80/20

hawkfan55
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Re: What is your U.S./ex-U.S. stock allocation?

Post by hawkfan55 » Tue Mar 19, 2019 1:39 pm

80/20
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bardenay
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Re: What is your U.S./ex-U.S. stock allocation?

Post by bardenay » Tue Mar 19, 2019 1:43 pm

80 US / 20 Int

3funder
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Re: What is your U.S./ex-U.S. stock allocation?

Post by 3funder » Tue Mar 19, 2019 3:28 pm

50/50

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7th_Diagram
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Re: What is your U.S./ex-U.S. stock allocation?

Post by 7th_Diagram » Tue Mar 19, 2019 3:32 pm

50% U.S and 50% International ✌️
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BillyK
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Re: What is your U.S./ex-U.S. stock allocation?

Post by BillyK » Tue Mar 19, 2019 3:33 pm

60/40

DatWayMon
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Re: What is your U.S./ex-U.S. stock allocation?

Post by DatWayMon » Tue Mar 19, 2019 3:35 pm

100/0

Crow Hunter
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Re: What is your U.S./ex-U.S. stock allocation?

Post by Crow Hunter » Tue Mar 19, 2019 3:40 pm

60/40 ish

I waffle between that and 65/35 but haven't actually bought/sold anything.

assyadh
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Re: What is your U.S./ex-U.S. stock allocation?

Post by assyadh » Tue Mar 19, 2019 5:29 pm

Vulcan wrote:
Tue Mar 19, 2019 5:43 am
assyadh wrote:
Mon Mar 18, 2019 10:55 pm
Vulcan wrote:
Mon Mar 18, 2019 6:57 pm
Whatever VTWAX's is.
+1, except I do it with VTI/VXUS for tlh reasons
So with each contribution, you buy at then current market cap?
How do you purchase fractional shares? :wink:
For personal reasons, I don't invest in tax advantaged accounts, so tax loss harvesting is kind of useful for me.

I purchase every months and buy whatever needs to be bought

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Steelersfan
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Re: What is your U.S./ex-U.S. stock allocation?

Post by Steelersfan » Tue Mar 19, 2019 6:00 pm

85%/15%. I'll be increasing my ex-US as I do RMD's into my taxable account, but probably won't get above 20% any time soon.

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Artsdoctor
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Re: What is your U.S./ex-U.S. stock allocation?

Post by Artsdoctor » Tue Mar 19, 2019 6:51 pm

typical.investor wrote:
Tue Mar 19, 2019 8:57 am
Seriously? Your US / ex-US allocation is a PDF?
Why would an investor choose their US:international allocation based on opinions of anonymous posters on a website? Wouldn't you generally want to have some reasoning behind the decision? You're going to find international equity allocation to be anything between 0-50% on this board and everywhere else. Digging a little deeper to understand why a specific allocation was chosen would be more helpful to most.

typical.investor
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Re: What is your U.S./ex-U.S. stock allocation?

Post by typical.investor » Tue Mar 19, 2019 7:17 pm

Artsdoctor wrote:
Tue Mar 19, 2019 6:51 pm
typical.investor wrote:
Tue Mar 19, 2019 8:57 am
Seriously? Your US / ex-US allocation is a PDF?
Why would an investor choose their US:international allocation based on opinions of anonymous posters on a website? Wouldn't you generally want to have some reasoning behind the decision? You're going to find international equity allocation to be anything between 0-50% on this board and everywhere else. Digging a little deeper to understand why a specific allocation was chosen would be more helpful to most.
Like that hasn't been discussed ad nauseam elsewhere many times. Did you read the OP's initial post? Are you answering their question?

pascalwager
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Re: What is your U.S./ex-U.S. stock allocation?

Post by pascalwager » Tue Mar 19, 2019 8:54 pm

50/50

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unclescrooge
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Re: What is your U.S./ex-U.S. stock allocation?

Post by unclescrooge » Tue Mar 19, 2019 8:55 pm

grabiner wrote:
Mon Mar 18, 2019 6:44 pm
I am 50/50, and have been at that ratio for years. I overweight emerging markets because they have lower correlation with the rest of my portfolio.
Ditto.

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augryphon
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Re: What is your U.S./ex-U.S. stock allocation?

Post by augryphon » Tue Mar 19, 2019 9:00 pm

friar1610 wrote:
Mon Mar 18, 2019 6:46 pm
80/20
This

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catdude
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Re: What is your U.S./ex-U.S. stock allocation?

Post by catdude » Tue Mar 19, 2019 9:21 pm

80 / 20
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Mister A
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Re: What is your U.S./ex-U.S. stock allocation?

Post by Mister A » Tue Mar 19, 2019 9:23 pm

50/50. Within international, 50/50 developed/emerging.

UpperNwGuy
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Re: What is your U.S./ex-U.S. stock allocation?

Post by UpperNwGuy » Tue Mar 19, 2019 9:47 pm

Target is 80/20. Currently at 77/23.

ImmigrantSaver
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Re: What is your U.S./ex-U.S. stock allocation?

Post by ImmigrantSaver » Tue Mar 19, 2019 9:50 pm

Market weight roughly. Currently 55/45, and will adjust when necessary.

tony_roach
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Re: What is your U.S./ex-U.S. stock allocation?

Post by tony_roach » Tue Mar 19, 2019 9:53 pm

75% US vs. 25% ex-US within my equity allocation.

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ruralavalon
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Re: What is your U.S./ex-U.S. stock allocation?

Post by ruralavalon » Wed Mar 20, 2019 9:25 am

Angst wrote:
Tue Mar 19, 2019 8:39 am
. . . . .
OP - If you get a good number of responses, will you tally and post at the top of the thread? I miss the old days when we could take and create our own polls which included a variety of options and automatically tallied results.
Yes, I intend to tabulate results.

I intend to use 55% U.S./45% ex-U.S. for those who answer --"market weight", or "whatever Vanguard Total World Stock Index Fund (VTWAX) is", or similar.
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

DetroitRick
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Re: What is your U.S./ex-U.S. stock allocation?

Post by DetroitRick » Wed Mar 20, 2019 9:40 am

68% / 32%

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DartThrower
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Re: What is your U.S./ex-U.S. stock allocation?

Post by DartThrower » Wed Mar 20, 2019 11:16 am

55/45
A Boglehead can stay the course longer than the market can stay irrational.

chisey
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Re: What is your U.S./ex-U.S. stock allocation?

Post by chisey » Wed Mar 20, 2019 11:29 am

jhfenton wrote:
Tue Mar 19, 2019 10:00 am
grabiner wrote:
Mon Mar 18, 2019 6:44 pm
I am 50/50, and have been at that ratio for years. I overweight emerging markets because they have lower correlation with the rest of my portfolio.
+1 50 US/25 Developed (mostly small)/25 EM
+1, though half of our EM is EM bonds. I don't allocate them as bonds since they are quite volatile. So I guess we're 50 US / 25 developed / 12.5 EM stock / 12.5 EM bond.

Close enough to 50/50.

Investor2055
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Re: What is your U.S./ex-U.S. stock allocation?

Post by Investor2055 » Thu May 09, 2019 12:57 pm

I'm about 50/50, plus or minus a few percentage points.

deltaneutral83
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Re: What is your U.S./ex-U.S. stock allocation?

Post by deltaneutral83 » Thu May 09, 2019 1:09 pm

I split the difference of 50/0 so I'm 25% IXUS (or VXUS or VTIAX). Hopefully I will spend half the time complaining about having too much Intl. and the other half complaining about having too little. Right now the former is taking over the brain.

goblue100
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Re: What is your U.S./ex-U.S. stock allocation?

Post by goblue100 » Thu May 09, 2019 1:26 pm

Chris K Jones wrote:
Mon Mar 18, 2019 9:18 pm
80% US: 20% ex US
This.
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asif408
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Re: What is your U.S./ex-U.S. stock allocation?

Post by asif408 » Thu May 09, 2019 1:27 pm

10/90, with about 2/3 of the 90% international in EM value stocks.

dhuser
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Re: What is your U.S./ex-U.S. stock allocation?

Post by dhuser » Thu May 09, 2019 1:38 pm

80% US/20% Intl

Mainly skewed to US do to funds in 401k plan. I've upped taxable and IRA contributions recently to Intl to get closer to 70/30 split over the next year.

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PriceOfFreedom
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Re: What is your U.S./ex-U.S. stock allocation?

Post by PriceOfFreedom » Thu May 09, 2019 1:43 pm

52.1/47.9 as of 4/30/19.

MotoTrojan
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Re: What is your U.S./ex-U.S. stock allocation?

Post by MotoTrojan » Thu May 09, 2019 1:51 pm

sabtastic wrote:
Tue Mar 19, 2019 7:58 am
50/50 although if I could do it over today we would likely purchase VTWAX instead.
Maybe you get a chance to tax-loss harvest.

Coltrane75
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Re: What is your U.S./ex-U.S. stock allocation?

Post by Coltrane75 » Thu May 09, 2019 1:54 pm

50/50; generally use total world index as rough guideline.

BillyK
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Re: What is your U.S./ex-U.S. stock allocation?

Post by BillyK » Thu May 09, 2019 1:59 pm

60/40

alfaspider
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Re: What is your U.S./ex-U.S. stock allocation?

Post by alfaspider » Thu May 09, 2019 2:14 pm

90/10.

I'm in the camp that argues multinational companies in the S&P 500 provide sufficient international diversification. Moreover, the U.S. is such a large economy that a large downturn in the U.S. would hit any other equity market just as badly if not worse. I also don't trust the regulatory environment for emerging markets.

Lou354
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Re: What is your U.S./ex-U.S. stock allocation?

Post by Lou354 » Thu May 09, 2019 2:24 pm

67:33

JediMisty
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Re: What is your U.S./ex-U.S. stock allocation?

Post by JediMisty » Thu May 09, 2019 2:26 pm

65/35

omibogle
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Re: What is your U.S./ex-U.S. stock allocation?

Post by omibogle » Thu May 09, 2019 2:26 pm

83/17


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ruralavalon
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Re: What is your U.S./ex-U.S. stock allocation?

Post by ruralavalon » Thu May 09, 2019 3:00 pm

n = 81 so far. Not large compared to most prior polls, 2011, 2012, 2013, and 2014.

5%, 15%, 25% etc. rounded up to 10%, 20%, 30% etc.
"market weight" counted as 50%

% of equities in non U.S. equities
00% , 8= 10%
10%, 2= 2%
20%, 18 =24%
30%, 20 = 25%
40%, 8 = 10%
50%, 25 = 31%

median between 20% and 30%.
Last edited by ruralavalon on Thu May 09, 2019 3:07 pm, edited 1 time in total.
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

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