MasterBlaster
Thinks s/he gets paid by the post
- Joined
- Jun 23, 2005
- Messages
- 4,391
I saw this over on the Vanguard forum and thougt it might be of interest here.
John Bogle (of Vanguard fame) suggests that Large Cap International equities will perform poorly going forward. He suggests that a US-only portfolio will do much better. Besides if you have large-cap US equities you already have foreign exposure through the large US equity dealings..
The interview is on the CNBC website if you are interested.
Me personally, I tend to agree with what Bogle has to say.
John Bogle (of Vanguard fame) suggests that Large Cap International equities will perform poorly going forward. He suggests that a US-only portfolio will do much better. Besides if you have large-cap US equities you already have foreign exposure through the large US equity dealings..
Q: Many investors have been adding more international investments, expecting better growth. Do you think that's smart?
A: If you invest in a diversified international fund, your largest investment will be in Japan, which doesn't look so good to me now. And your second-largest will be in Britain, which is in worse shape than the U.S. Your third-largest investment will be in France, where they don't want to seem to work anymore. I don't see any great attractiveness to that.
The interview is on the CNBC website if you are interested.
Me personally, I tend to agree with what Bogle has to say.