I have done some research and determined that if I would have just stuck with American-based stocks in Mutual Funds I would have $100,000 more money in my retirement accounts.
Every year I kept believing that the domination of US-based stocks would end because the experts kept telling us that the tide would turn. THIS IS THE YEAR OF INTERNATIONAL STOCKS! (They told us)
Year after year, the experts were wrong and we lost money- indirectly- by sticking with mutual funds that had the traditional 30% of its assets in international stocks.
Here are some stats that show how poorly international stock has done in the last 20 years:
VTI (Total US Stock Market) $10,000 invested in 2002 would be $60,667 on October 1st, 2021
VGTSX (Total International Stock Market) $10,000 invested in 2002, would be $36,019 on October 1, 2021
- Isn't time that target and mutual balanced funds stop the madness of investing in international funds?
Submitted October 06, 2021 at 09:48AM by BunChargum https://ift.tt/3Bol4a8
