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A good reminder to invest in world stock indexes not just US ones. Personally instead of investing purely on weighed average, I tilt quite a bit towards intern
by spectrum1234 8y ago
A good reminder to invest in world stock indexes not just US ones.
Personally instead of investing purely on weighed average, I tilt quite a bit towards international indexes. I'm American.
- Someone1234 8y agoIt is worth considering that international indexes are often more expensive than domestic, and also have had more volatility historically. They're also often pinned to the USD.
- wrong_variable 8y agoTrue, but there are markets that are completely outside the reach of international capital markets - and are highly non-correlated to the US stock indexes. - Congo, Somalia are the extreme case but you can make really good gains in real estate, telecommunication in these places. (I know that people might balk at the idea of investing in Somalia but I consider it a no brainer to invest in renewable energy in a place like Somalia - I also get to enjoy the risk premium for it)
- arashout33 8y agoHow do I get invest in renewable energy in Somalia?
- downrightmike 8y agoIt is worth noting that Egypt had the largest solar power plant a century ago, but that was broken down for steel when WWI broke out[1]. Nothing is isolated from other markets. 1. https://www.thenational.ae/business/technology/the-promise-of-solar-power-made-a-century-ago-1.389398 https://www.thenational.ae/business/technology/the-promise-o...