This is why you should think beyond borders
Oct 01, 2019
In years gone by many of us invested predominantly in our own back yard (almost literally so in some cases!).
It made sense at the time.
But today it has become considerably easier to access international markets, so it doesn’t necessarily make sense to have the same home bias that once prevailed.
Australia is a very large country, but with only a relatively modest population, stock market capitalisation, and economy.
If you look at international markets a couple of things become clear.
Firstly, no single market (or sector) outperforms all of the time.
Instead markets take it in turns to deliver out-performance.
And secondly, even the worst performing markets over a long time period still have years where are dramatically positive and dramatically negative.
It’s compelling evidence for buying low (to capture the boom years) and selling high (to avoid the drawdowns):
You can begin to see why the concept of an ‘average’ return can be so misleading.
I discussed this a little further in the short video here
Whenever you’re ready… here are 4 ways we can help you manage your own money and go next level wealth:
- Boom or Bust in 2021 – 20 minute online workshop for investors
Register for my next free online training - Boom or Bust? How to change your investment plan for 2021 - book in here
- Subscribe to our Top 100 Podcast for Investors
Listen in to our new podcast - The Low Rates High Returns Show - Apple , Spotify , SoundCloud
- Join our Implementation Program
We’re putting together a new coaching case study group this month for private investors. If you’d like to get the plan, tools and timeless principles for managing your money and creating next level wealth … just send an email to [email protected] with the word “Case Study” and we'll get you more details.
- Work with me privately
If you’d like to work directly with me and Stephen Moriarty directly to help you map out and action your next level wealth plan… just send an email to [email protected] with the word “private”… tell me a little about your situation and what you’d like help with, and we’ll get you all the details!
