ladypatriot
Recycles dryer sheets
- Joined
- Jun 21, 2008
- Messages
- 121
Yesterday's edition of the Wall Street Journal had an interesting article titled: "Going Global: How Do You Get There from Here?" I'm not sure whether it's available online and, if it is, whether you need to be a subscriber to access it. But it got me thinking about our portfolio. Our current allocation is a little over 20% foreign stock.
This is a quote from the article: "For the typical mutual-fund investor, who holds 12% to 15% in foreign stocks - or half that in a 401(k) - holding 55% in foreign stocks would seem like a massive overweighting toward overseas markets. But in fact, mirroring the world markets is a neutral position on the markets because it places no bets on either domestic or foreign stocks, says Peter Bernstein, a Wall Street risk expert."
I'll see if I can get a link to the article, but in the meantime...any thoughts?
This is a quote from the article: "For the typical mutual-fund investor, who holds 12% to 15% in foreign stocks - or half that in a 401(k) - holding 55% in foreign stocks would seem like a massive overweighting toward overseas markets. But in fact, mirroring the world markets is a neutral position on the markets because it places no bets on either domestic or foreign stocks, says Peter Bernstein, a Wall Street risk expert."
I'll see if I can get a link to the article, but in the meantime...any thoughts?