Re:Predicting Next Recession
by fma on Saturday November 23, 2019 @03:15PM
(#21616244)
Jack Bogle goes as far as saying you don't need to own international stocks. If I recall he says that the US has a innovative and growth mindset, and is stable... So we would always be growing in the long term.
https://www.investmentnews.com/article/20170429/FREE/1704299...
[ Parent
| on HN ]
Not diversifying by geography is one of the most risky decisions possible - https://www.bridgewater.com/research-library/daily-observati... - and it is one of the biggest mistakes that most investors are making right now (it happens every time).
Be clear: you are betting if you take Bogle's advice. You are going all-in. If you know what you are doing, great...but that is probably not the case.