Why diversify? US markets have been the place to be for a long time now; why should things change? In a nutshell—because they always do! In our recent semiannual presentation, we described the attractiveness of developed international markets, where, after a number of years of underperformance relative to US markets, valuations are cheaper and dividend yields higher. Here’s a nice blog entry from Ben Carlson that supports that position.
-Steve When Diversification Works By Ben Carlson
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