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Investors In Foreign Stock Funds Are Facing A ‘Stress Test’
If you're well diversified, a hiccup overseas (or anywhere) shouldn't cause you significant grief. And when all correlations go to 1 -- ie, in 2008 -- stay the course because in such cases there IS no safe haven, and at least you know what you're holding/invested in and aren't trading around emotions or press stories!
Many such MSM news articles I've seen in recent days about "finance" and "investing" all seem to suggest that people 'do something' in response to Greece, China, rates, etc -- when if they're nicely diversified their best course of action might well be to do nothing at all. (But doing nothing doesn't 'help' the Wall Street machine any ... they don't like that kind of non-action action by us little people)
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Many such MSM news articles I've seen in recent days about "finance" and "investing" all seem to suggest that people 'do something' in response to Greece, China, rates, etc -- when if they're nicely diversified their best course of action might well be to do nothing at all. (But doing nothing doesn't 'help' the Wall Street machine any ... they don't like that kind of non-action action by us little people)