Why Diversify?

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.
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-Steve

When Diversification Works By Ben Carlson