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Investing Globally: The Risks & Benefits of Foreign Stock Diversification
A few years ago, I was on a panel on investing globally at a financial conference in New York.
The moderator asked each of us what percentage of a U.S. investor’s stock portfolio should be diversified into international markets.
Answers varied. But the fellow next to me – who specialized in insurance and annuity products – had a definite point of view.
“I’ll tell you right now,” he said in a loud, confident tone, “I wouldn’t buy international nuthin’.”
As you might expect, this elicited a few chuckles from the audience.
Investing Globally – The Risks Involved
But this panelist was dead serious, and he…
28Apr2009 | Investment U | 0 comments | Continued
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