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Jack Bogle did not advocate for adding international equities to a portfolio as a means of diversification. [1] [1] https://www.morningstar.com/articles/885739
by Plough_Jogger 7y ago
Jack Bogle did not advocate for adding international equities to a portfolio as a means of diversification. [1]
[1] https://www.morningstar.com/articles/885739/why-jack-bogle-doesnt-own-non-us-stocks https://www.morningstar.com/articles/885739/why-jack-bogle-d...
- tempestn 7y agoThe fact that the Bogleheads forum is a useful source of information doesn't imply that Jack Bogle was right about everything.
- scotty79 7y ago... or that the Bogleheads forum is right about everything.
- tempestn 7y agoNaturally. Like any forum there are a range of opinions there. I think if most reasonable people take an hour to familiarize themselves with an investment plan based on diversification and cost minimization though, they'll see its merits.
- baot 7y agoThe reasons in the link are fairly ridiculous
- hardlianotion 7y agoPlease explain. I found the arguments quite reasonable and presented in a non-dogmatic way.
- baot 7y agoIt's just nationalism
- xchaotic 7y agoThe argument that US businesses are already exposed to international issues anyway is a good. By investing in a US index you are unintentionally diversified