Published on 26 Nov 2021 on Market Watch
Is investing in foreign stocks a good idea?
How many years of underperformance must you endure before you’re justified in giving up on international stocks?
Many of you are wondering since, contrary to endless recommendations from retirement financial planners to be internationally diversified, U.S. equities continue to outperform. This year it is not even close: The S&P 500’s year-to-date return is 26.3%, versus just 11.0% for MSCI’s Europe, Australasia and Far East Index (as measured by the iShares MSCI EAFE ETF ).