Ten years ago I put a significant amount of my invested money in mutual funds that mirrored the International Stock Market. I, of course, foolishly believed the experts who said that up to 50% of my money should be in international stocks based in Europe or Asia.
While these investments have made some money, they did not do as well as a simple total market index fund. Here are some stats about how much of a bomb international stocks have been in the last ten years vs a total stock market fund:
$10,000 invested from June 1, 2011, to June 30, 2021
Total Stock Market (VTI) $22,779 (17.90% CAGR)
Fidelity Total International Index Fund (FTIHX) $16,868 (11.02% CAGR)
Vanguard Total International Index Fund (VGTSX) $16,882 (11.04% CAGR)
Every year I say to myself that I should bail out of these International Mutual Funds but the experts say hold on. And I lose money by listening to them. (These are the same silly experts who told me the best stocks have higher than normal dividend yields.)
What should I do? Stay invested in International or put the money in VTI?
Submitted July 07, 2021 at 04:22AM by rarelywearamask https://ift.tt/3dQAfz7
