Re:Investing for Geeks
by cesarbs on Friday September 16, 2016 @02:53PM
(#12516373)
What I meant was that he recommends that the average investor should invest in the S&P 500 or total US market only. He doesn't seem to think people should invest their money abroad.
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There's a decent argument that American companies are multinational and therefore already exposed to foreign markets. I don't subscribe to that, but it's not totally unfounded.
That strategy would have lost out in the rise in uk stocks due to the drop in the pound
Re:Investing for Geeks
by laurencerowe on Saturday September 17, 2016 @02:45PM
(#12521799)
That rise only exists when you look at the ftse denominated in GBP not USD.