FYI: Many Americans are making smart moves with their investment portfolios. They just might not know it.
With U.S. stocks at records and many commentators saying they're overpriced, American investors are diversifying into cheaper international stocks. Investors have pulled a net $6.3 billion from U.S. stock funds this year, according to Investment Company Institute (ICI) data, while putting $60.5 billion in foreign stock funds
Regards,
Ted
http://www.bloomberg.com/news/print/2014-07-22/why-u-s-investors-are-buying-foreign-stocks.html
Comments
OK. But then it's more of the same: following the herd. Was I foolish to maintain my stock portfolio heavily tilted overseas during the '08-'09 Crash? Not anymore, I guess.