View Single Post
Old 05-22-2024, 09:17 PM   #3998
opendoor
Franchise Player
 
Join Date: Apr 2007
Exp:
Default

One thing to consider is increasing your diversification. The US market has been killing it for the last 10-15 years so it seems logical to go 100% into it, but that's really just recency bias. There have been long periods where the US market has performed poorly relative to other markets, and at this point the S&P 500 is heavily weighted to a few tech giants, so if they struggle then the whole market will.

Personally I'm heavily invested in the US, but I do devote about 20-25% of my equity investments to non-US stuff (mix of Canada, developed non-NA markets, and emerging markets). We all assume the US will continue to dominate economically, but that's far from a given. And at the current price-to-earnings ratio for the S&P 500, they really do need to continue to dominate to justify the current valuations.
opendoor is offline   Reply With Quote
The Following User Says Thank You to opendoor For This Useful Post: