Chapter 5. Worldwide Opportunity
In the last chapter, we saw that it is possible to improve returns by moving into those areas of the market that are performing best. That strategy used four U.S. equity ETFs and only one international ETF: the iShares MSCI EAFE Index Fund, ticker symbol EFA. EFA represents the stock markets in economically developed countries outside of North America (mainly Western Europe, Japan, and Australia). EFA has the advantages of being easy to trade and having a low expense ratio. Its performance has been about in line with the average diversified international equity mutual fund.
But you can do even better, and this chapter will show two ways to improve your returns from foreign stocks. First, you can invest in a select ...
Get Beating the Market, 3 Months at a Time: A Proven Investing Plan Everyone Can Use now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.
