Going Global: Is It Time To Take The Plunge?
For many years, the conventional financial wisdom held that American investors should place 10% to 20% of their portfolios overseas. But over the past year, with the U.S. stock market skyrocketing and many foreign markets blowing up, the maxim doesn't sound very sage-like. Remember the Asian markets' meltdown of last fall or the Latin collapse a few years earlier? Why take the risk of sending your money abroad when there's so much to be made at home?
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