I am wondering if anyone else has thoughts on VGTSX (Vanguard total international). I have exposure to this through some of the Vanguard target retirement funds in my 401k (2055 is 36% VGTSX). Since the start of 2011 VGTSX has risen 11% compared to 125% for VTSAX.
Is anyone else getting fed up with poor international, particularly European, returns? I know the strategy behind rebalancing is rolling into the comparatively cheaper asset at the expense of the better performing one, but within the last year I have been going overweight VTSAX.
It's hard to make a case for Europe and other international markets vs American other than the lower P/E ratios. Other than Spotify I can't think of a single disruptive European tech company in the last 10 years. It's a tougher place to do business and seems like a more laid back culture overall. Also, their age distributions are in a worse place than US.
Submitted August 15, 2018 at 11:16PM by m4329b https://ift.tt/2BgMQuk
