Re:“Buy and Hold” No More: The Resurgence of Active Trading
by Scoundreller on Sunday April 11, 2021 @03:42AM
(#26768344)
As a Canadian, I have a similar stance: the US stock market provides enough intl diversification.
Canada has a lot of resource companies which largely follow the global economy.
Most big corps have less than half of their sales in US.
Developed markets still pay with a visa/MasterCard and have iphones. Or the US owns a stake in their local equivalent. Or Amazon is expanding there.
Truly emerging markets barely have a stock market, but their citizens probably eye a Coca Cola, have an intel PC and an android phone doing searches on Google.
Canada has a lot of resource companies which largely follow the global economy.
Most big corps have less than half of their sales in US.
Developed markets still pay with a visa/MasterCard and have iphones. Or the US owns a stake in their local equivalent. Or Amazon is expanding there.
Truly emerging markets barely have a stock market, but their citizens probably eye a Coca Cola, have an intel PC and an android phone doing searches on Google.