Index Funds: US vs International |
May 23rd, 2018 |
money |
If anything, I think for Americans overweighting international stocks would make more sense, since we're already very long on the US. Similarly, if there were an index fund that excluded tech I think that would be a good buy for me since I'm effectively quite long there through my investment of being a programmer.
What's going on? Why does "index fund" typically mean "S&P 500" and not "total world"?
(It looks like maybe this is called "home bias" and economists think people shouldn't do it?)
Comment via: google plus, facebook, substack