Global Investing

CONCLUSION

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The best way to build wealth is through business ownership, and for most people buying the publicly traded shares of great businesses from around the world is the most efficient means of achieving business ownership. While bonds can provide stable income and reduce the volatility of portfolio returns (a good idea when investors reach retirement age and need to begin withdrawing money), owning great businesses over a long period of time could be all that is needed to achieve financial success. By taking a global approach to investing, investors expand the number of investment opportunities available to them, enhance their knowledge of the global financial markets, and reach a better comprehension of the risks they face. Investors also gain considerable benefits from currency diversification. Searching the globe for businesses that are consistently able to create wealth and then weighing that against the price you pay for the business is the best way to allocate your capital.

The reality is that investing successfully is a complex and time-consuming task. Understanding the myriad factors that can impact the performance of an investment requires great effort and constant vigilance on the part of the investor. At a minimum, investors are required to assimilate vast amounts of information. To be successful, investors must also quickly understand the context and implications of new information. For the global investor who must monitor the entire world, ...