ex-US Stocks Continue to Soar!

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Bogle1984
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Re: ex-US Stocks Continue to Soar!

Post by Bogle1984 »

freyj6 wrote: Sat May 21, 2022 2:02 am https://stockcharts.com/freecharts/perf.php?VTI,%20Vxus

Are we looking at the same market? US still dramatically outperforming over most time periods.
Thats right. US market cap rose from about 20% in 1990 to about 60% to date. But I don't expect the US to reach > 80% of the global market cap. Doesn't make sense to me. However, I don't know and by owning global stocks at their market cap I don't have to care.

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freyj6
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Re: ex-US Stocks Continue to Soar!

Post by freyj6 »

Bogle1984 wrote: Sat May 21, 2022 10:35 am
freyj6 wrote: Sat May 21, 2022 2:02 am https://stockcharts.com/freecharts/perf.php?VTI,%20Vxus

Are we looking at the same market? US still dramatically outperforming over most time periods.
Thats right. US market cap rose from about 20% in 1990 to about 60% to date. But I don't expect the US to reach > 80% of the global market cap. Doesn't make sense to me. However, I don't know and by owning global stocks at their market cap I don't have to care.

Image
I’ll add that I’ve been 40-45% international for most of my investing career. I still believe in international diversification. I just wish I decided on that now rather than before the 10 year monster run in US.
Nathan Drake
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Re: ex-US Stocks Continue to Soar!

Post by Nathan Drake »

freyj6 wrote: Sat May 21, 2022 1:24 pm
Bogle1984 wrote: Sat May 21, 2022 10:35 am
freyj6 wrote: Sat May 21, 2022 2:02 am https://stockcharts.com/freecharts/perf.php?VTI,%20Vxus

Are we looking at the same market? US still dramatically outperforming over most time periods.
Thats right. US market cap rose from about 20% in 1990 to about 60% to date. But I don't expect the US to reach > 80% of the global market cap. Doesn't make sense to me. However, I don't know and by owning global stocks at their market cap I don't have to care.

Image
I’ll add that I’ve been 40-45% international for most of my investing career. I still believe in international diversification. I just wish I decided on that now rather than before the 10 year monster run in US.
Do you have similar regrets to not being 100% on TSLA when it peaked and sold out?

The point of diversification is precisely that you DON'T know what the future would hold. A VT investor over the last decade has still made double digit returns. How is that not enough?

Speculating on individual stocks or countries means sometimes you win out, sometimes you don't. An investor in US only equities had a very painful prior 10-12 years leading up to 2012.
20% VOO | 20% VXUS | 20% AVUV | 20% AVDV | 20% AVES
freyj6
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Re: ex-US Stocks Continue to Soar!

Post by freyj6 »

Nathan Drake wrote: Sat May 21, 2022 2:15 pm
freyj6 wrote: Sat May 21, 2022 1:24 pm
Bogle1984 wrote: Sat May 21, 2022 10:35 am
freyj6 wrote: Sat May 21, 2022 2:02 am https://stockcharts.com/freecharts/perf.php?VTI,%20Vxus

Are we looking at the same market? US still dramatically outperforming over most time periods.
Thats right. US market cap rose from about 20% in 1990 to about 60% to date. But I don't expect the US to reach > 80% of the global market cap. Doesn't make sense to me. However, I don't know and by owning global stocks at their market cap I don't have to care.

Image
I’ll add that I’ve been 40-45% international for most of my investing career. I still believe in international diversification. I just wish I decided on that now rather than before the 10 year monster run in US.
Do you have similar regrets to not being 100% on TSLA when it peaked and sold out?

The point of diversification is precisely that you DON'T know what the future would hold. A VT investor over the last decade has still made double digit returns. How is that not enough?

Speculating on individual stocks or countries means sometimes you win out, sometimes you don't. An investor in US only equities had a very painful prior 10-12 years leading up to 2012.
I was half joking.

I’ve certainly had luck go both ways. For example, after I first learned about factors I had a big position in MTUM. It wasn’t until about 5 years later in late 2020 that I really understood that the outperformance was really just from the mega cap growth tilt. I sold my position after that; the timeline was obviously really lucky.

As cliche as it is, the biggest wins have been from having actual money on the line in the market and learning from experience. I’m grateful for the lessons I’ve learned and grateful that I didn’t need to make any portfolio-destroying errors along the way :)
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Stinky
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Re: ex-US Stocks Continue to Soar!

Post by Stinky »

Another day where ex US is beating US.

Now if this could just go in for the next 10 years or so…..
Former life insurance company financial officer who sincerely believes that ”It’s a GREAT day to be alive!”
exodusNH
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Re: ex-US Stocks Continue to Soar!

Post by exodusNH »

Tamalak wrote: Wed Mar 16, 2022 3:14 pm VXUS +4.33% today. Just eye popping!
Remember that VXUS is not dollar hedged, unlike Vanguard's international bond index fund. When the dollar weakens, the share price rises.
atdharris
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Re: ex-US Stocks Continue to Soar!

Post by atdharris »

exodusNH wrote: Tue May 31, 2022 3:08 pm
Tamalak wrote: Wed Mar 16, 2022 3:14 pm VXUS +4.33% today. Just eye popping!
Remember that VXUS is not dollar hedged, unlike Vanguard's international bond index fund. When the dollar weakens, the share price rises.
RIght. I almost view my ex-US holdings as a hedge against a weakening dollar. The US market really took off versus ex-US when the dollar began to strengthen in 2013
exodusNH
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Re: ex-US Stocks Continue to Soar!

Post by exodusNH »

atdharris wrote: Tue May 31, 2022 3:27 pm
exodusNH wrote: Tue May 31, 2022 3:08 pm
Tamalak wrote: Wed Mar 16, 2022 3:14 pm VXUS +4.33% today. Just eye popping!
Remember that VXUS is not dollar hedged, unlike Vanguard's international bond index fund. When the dollar weakens, the share price rises.
RIght. I almost view my ex-US holdings as a hedge against a weakening dollar. The US market really took off versus ex-US when the dollar began to strengthen in 2013
It's part of the reason I invest in international as well. I'm too dumb to make currency plays directly!
Tamalak
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Re: ex-US Stocks Continue to Soar!

Post by Tamalak »

atdharris wrote: Tue May 31, 2022 3:27 pm
exodusNH wrote: Tue May 31, 2022 3:08 pm
Tamalak wrote: Wed Mar 16, 2022 3:14 pm VXUS +4.33% today. Just eye popping!
Remember that VXUS is not dollar hedged, unlike Vanguard's international bond index fund. When the dollar weakens, the share price rises.
RIght. I almost view my ex-US holdings as a hedge against a weakening dollar. The US market really took off versus ex-US when the dollar began to strengthen in 2013
This is how I think of it too! Ex-us isn't "added currency volatility", it's a hedge against a weakening of what we're paid in elsewhere in our lives..
Wannaretireearly
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Re: ex-US Stocks Continue to Soar!

Post by Wannaretireearly »

Stinky wrote: Tue May 31, 2022 2:57 pm Another day where ex US is beating US.

Now if this could just go in for the next 10 years or so…..
Boom! Long May this continue for my taxable account and retirement dreams 😂
Death and taxes. Only one is under your control!
gtwhitegold
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Re: ex-US Stocks Continue to Soar!

Post by gtwhitegold »

If international continues to outperform along with small cap value, then I may be able to retire early like I'm hoping.
Nathan Drake
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Re: ex-US Stocks Continue to Soar!

Post by Nathan Drake »

Another soaring day
20% VOO | 20% VXUS | 20% AVUV | 20% AVDV | 20% AVES
muffins14
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Re: ex-US Stocks Continue to Soar!

Post by muffins14 »

gtwhitegold wrote: Tue May 31, 2022 11:46 pm If international continues to outperform along with small cap value, then I may be able to retire early like I'm hoping.
for your sake and my own, I hope for that same outperformance ;) :sharebeer
35% VTI, 25% AVUV, 15% IXUS, 15% AVDV, 10% VWO
gtwhitegold
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Re: ex-US Stocks Continue to Soar!

Post by gtwhitegold »

muffins14 wrote: Thu Jun 02, 2022 10:21 am
gtwhitegold wrote: Tue May 31, 2022 11:46 pm If international continues to outperform along with small cap value, then I may be able to retire early like I'm hoping.
for your sake and my own, I hope for that same outperformance ;) :sharebeer
Yeah. I'm moving part of my I Fund to DEMSX tomorrow once it clears. After that I'll be much closer to my desired EM allocation. Hopefully next year I can start working on my Developed International SCV allocation.
Wannaretireearly
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Re: ex-US Stocks Continue to Soar!

Post by Wannaretireearly »

Nathan Drake wrote: Thu Jun 02, 2022 10:19 am Another soaring day
Hahaha. Yesss best news today. I don’t even have to open my brokerage account following this thread. But I will ;)
Death and taxes. Only one is under your control!
case_of_ennui
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Re: ex-US Stocks Continue to Soar!

Post by case_of_ennui »

My head is in the clouds today and so are international stocks!
Robot Monster
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Re: ex-US Stocks Continue to Soar!

Post by Robot Monster »

The weather: cloudy, with a chance of this thread getting locked.
Frank2012
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Re: ex-US Stocks Continue to Soar!

Post by Frank2012 »

Robot Monster wrote: Tue Jun 21, 2022 9:19 am The weather: cloudy, with a chance of this thread getting locked.
I honestly don't get the point of this thread anymore, and will likely stop peeking at it. Nothing actionable, just jokes it seems....
Tamalak
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Re: ex-US Stocks Continue to Soar!

Post by Tamalak »

This thread will be frozen just like ex-us returns for the last 10 years
Nathan Drake
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Re: ex-US Stocks Continue to Soar!

Post by Nathan Drake »

VXUS has a dividend yield of nearly 4% now

Wow
20% VOO | 20% VXUS | 20% AVUV | 20% AVDV | 20% AVES
asif408
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Re: ex-US Stocks Continue to Soar!

Post by asif408 »

Tamalak wrote: Tue Jun 21, 2022 9:41 am This thread will be frozen just like ex-us returns for the last 10 years
Now, now, now, it hasn't been that bad for the last 10 years, they did beat bonds: https://www.portfoliovisualizer.com/bac ... ion3_3=100

But the last 15? Sure: https://www.portfoliovisualizer.com/bac ... ion3_3=100
Triple digit golfer
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Re: ex-US Stocks Continue to Soar!

Post by Triple digit golfer »

Nathan Drake wrote: Tue Jun 21, 2022 9:48 am VXUS has a dividend yield of nearly 4% now

Wow
I see my dividends in my accounts for international funds and am surprised how much they are. Neat!
dvvader
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Re: ex-US Stocks Continue to Soar!

Post by dvvader »

Frank2012 wrote: Tue Jun 21, 2022 9:23 am
Robot Monster wrote: Tue Jun 21, 2022 9:19 am The weather: cloudy, with a chance of this thread getting locked.
I honestly don't get the point of this thread anymore, and will likely stop peeking at it. Nothing actionable, just jokes it seems....
Yup.
Bogleheads® emphasize regular saving, broad diversification, and sticking to one's investment plan regardless of market conditions.
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Re: ex-US Stocks Continue to Soar!

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Re: ex-US Stocks Continue to Soar!

Post by LadyGeek »

This thread will remain locked. From the site owner's post: Subject: U.S. stocks in free fall
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