Quote:
Originally Posted by jalexand42
I'm currently 60% International, with half of that in emerging markets. Feel free to laugh away. :P
International stocks seem to be a significantly better value than US stocks at this moment. I'll rebalance back the other direction at some point in the future.
Would love for you to explain your 'lol'.
I apologize if I came off as condescending, as when I reread it, it sounded like I was.
I wouldn't put that much into that category because I just don't know how they will perform. A little speculation seems fine, but I'm in the 10-20% camp, max. I'm a US citizen and have faith in our government and our financial markets. I see no reason to expose myself in a significant way to more risk than necessary. It opens the door to political risk, currency risk, regulatory risk, etc etc. It's hard enough to know many things about our own market, putting that much into markets that I just don't know or will research seems unnecessary.
We know the US market tends to go up over time and has generally always done so across significant time intervals. There's no reason to mess with a winning formula, but especially so at >50%, which to me sounds outrageous. It's your money, obviously do what you wish, but I would never do that unless I had a specific reason/strategy to.
And I don't agree the US market is currently overvalued.