FYI: Most U.S. investors’ stock portfolios aren’t global enough. Using total mutual fund assets as a proxy, the typical investor’s equity sleeve has about a 75%/25% split between U.S. and foreign equities. Most professional asset allocators would recommend a greater international weighting; the average target-date fund has about 35% of its stock sleeve overseas, and replicating the global market cap would suggest upping the foreign stake to roughly 45%. Keeping a globally diverse stock portfolio should improve diversification without sacrificing return over the long haul.
Regards,
Ted
https://www.morningstar.com/articles/934305/time-to-revisit-your-home-country-bias.html
