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05-18-2023, 03:44 PM
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Sage
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Join Date: Jan 2019
Location: Marsh Bend
Posts: 3,732
Thanks: 653
Thanked 2,730 Times in 1,327 Posts
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Quote:
Originally Posted by Ecuadog
What about countries that use the US dollar as their official currency?
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Because the SP500 companies are already there, and you have that in your base portfolio, the intl funds end up being riskier tiered companies, so you are diversifying by adding a lower quality set of companies, no matter what currency the home country is using.
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