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> The implicit assumption behind that is that the American economy always invents a way to grow. Buffet famously said, "never bet against America". Or you inve
by throw0101d 2y ago
> The implicit assumption behind that is that the American economy always invents a way to grow. Buffet famously said, "never bet against America".
Or you invest in a total world market fund for better diversification.
Diversification would have helped anyone in Japan(-only) in 1990, and anyone in the US(-only) in the 2000s. It's a very easy strategy nowadays:
* https://investor.vanguard.com/investment-products/etfs/profile/vt https://investor.vanguard.com/investment-products/etfs/profi...
* https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc/overview https://www.vanguardinvestor.co.uk/investments/vanguard-ftse...
* https://www.vanguard.ca/en/advisor/products/products-group/etfs/VEQT https://www.vanguard.ca/en/advisor/products/products-group/e...