International is in meltdown

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case_of_ennui
Posts: 298
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Location: Montana

Re: International is in meltdown

Post by case_of_ennui »

Nathan Drake wrote: Wed Apr 14, 2021 11:20 am International destroying US today

Time to go all in and get out of US completely thanks to this outperformance, Jack Ma said that he doesn’t think US stocks are necessary
I get enough diversification from holding the 7397 international companies in VTIAX. They all do business with the US so why do I need US equities? When Jack Ma said to own the entire haystack he only meant the ex-US haystack.
Triple digit golfer
Posts: 10433
Joined: Mon May 18, 2009 5:57 pm

Re: International is in meltdown

Post by Triple digit golfer »

case_of_ennui wrote: Wed Apr 14, 2021 11:47 am
Nathan Drake wrote: Wed Apr 14, 2021 11:20 am International destroying US today

Time to go all in and get out of US completely thanks to this outperformance, Jack Ma said that he doesn’t think US stocks are necessary
I get enough diversification from holding the 7397 international companies in VTIAX. They all do business with the US so why do I need US equities? When Jack Ma said to own the entire haystack he only meant the ex-US haystack.
U.S. consumes plenty of Hondas, Toyotas, Nestle food products, Samsung electronics. So much revenue is derived from the U.S. that U.S. stocks wouldn't add meaningful diversification!

:twisted: :oops:
Robot Monster
Posts: 4215
Joined: Sun May 05, 2019 11:23 am

Re: International is in meltdown

Post by Robot Monster »

Nathan Drake wrote: Wed Apr 14, 2021 11:20 am International destroying US today

Time to go all in and get out of US completely thanks to this outperformance, Jack Ma said that he doesn’t think US stocks are necessary
US small-caps are destroying international, which is, in turn, being destroyed by Disney.
SeasOfCheese
Posts: 139
Joined: Wed Jan 20, 2021 7:40 pm

Re: International is in meltdown

Post by SeasOfCheese »

Does holding SPCE at 30% count?

40% US / 30% global ex-US / 30% ex-planet
aruba joe
Posts: 56
Joined: Sat Dec 07, 2019 2:48 pm

Re: International is in meltdown

Post by aruba joe »

Robot Monster wrote: Wed Apr 14, 2021 11:56 am
Nathan Drake wrote: Wed Apr 14, 2021 11:20 am International destroying US today

Time to go all in and get out of US completely thanks to this outperformance, Jack Ma said that he doesn’t think US stocks are necessary
US small-caps are destroying international, which is, in turn, being destroyed by Disney.
What is the best way to estimate what a Total International index fund is doing during the day?
Robot Monster
Posts: 4215
Joined: Sun May 05, 2019 11:23 am

Re: International is in meltdown

Post by Robot Monster »

aruba joe wrote: Wed Apr 14, 2021 2:06 pm
Robot Monster wrote: Wed Apr 14, 2021 11:56 am
Nathan Drake wrote: Wed Apr 14, 2021 11:20 am International destroying US today

Time to go all in and get out of US completely thanks to this outperformance, Jack Ma said that he doesn’t think US stocks are necessary
US small-caps are destroying international, which is, in turn, being destroyed by Disney.
What is the best way to estimate what a Total International index fund is doing during the day?
Look at what the ETF version is doing, which is VXUS. Doesn't correspond exactly, perhaps.
aruba joe
Posts: 56
Joined: Sat Dec 07, 2019 2:48 pm

Re: International is in meltdown

Post by aruba joe »

Robot Monster wrote: Wed Apr 14, 2021 2:10 pm
aruba joe wrote: Wed Apr 14, 2021 2:06 pm
Robot Monster wrote: Wed Apr 14, 2021 11:56 am
Nathan Drake wrote: Wed Apr 14, 2021 11:20 am International destroying US today

Time to go all in and get out of US completely thanks to this outperformance, Jack Ma said that he doesn’t think US stocks are necessary
US small-caps are destroying international, which is, in turn, being destroyed by Disney.
What is the best way to estimate what a Total International index fund is doing during the day?
Look at what the ETF version is doing, which is VXUS. Doesn't correspond exactly, perhaps.
Thanks
thenextguy
Posts: 717
Joined: Wed Mar 25, 2009 12:58 am

Re: International is in meltdown

Post by thenextguy »

Not a market timer, but if I was I would be inclined to overweight international right about now.
lostdog
Posts: 5368
Joined: Thu Feb 04, 2016 1:15 pm

Re: International is in meltdown

Post by lostdog »

Triple digit golfer wrote: Wed Apr 14, 2021 11:51 am
case_of_ennui wrote: Wed Apr 14, 2021 11:47 am
Nathan Drake wrote: Wed Apr 14, 2021 11:20 am International destroying US today

Time to go all in and get out of US completely thanks to this outperformance, Jack Ma said that he doesn’t think US stocks are necessary
I get enough diversification from holding the 7397 international companies in VTIAX. They all do business with the US so why do I need US equities? When Jack Ma said to own the entire haystack he only meant the ex-US haystack.
U.S. consumes plenty of Hondas, Toyotas, Nestle food products, Samsung electronics. So much revenue is derived from the U.S. that U.S. stocks wouldn't add meaningful diversification!

:twisted: :oops:
Home bias, idol worship(own the haystack, except for ex-us), personal and political ideologies and recency bias(performance chasing) is a helluva drug!
Stocks-80% || Bonds-20% || Taxable-VTI/VXUS || IRA-VT/BNDW
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burritoLover
Posts: 4097
Joined: Sun Jul 05, 2020 12:13 pm

Re: International is in meltdown

Post by burritoLover »

lostdog wrote: Mon Apr 19, 2021 9:53 am
Triple digit golfer wrote: Wed Apr 14, 2021 11:51 am
case_of_ennui wrote: Wed Apr 14, 2021 11:47 am
Nathan Drake wrote: Wed Apr 14, 2021 11:20 am International destroying US today

Time to go all in and get out of US completely thanks to this outperformance, Jack Ma said that he doesn’t think US stocks are necessary
I get enough diversification from holding the 7397 international companies in VTIAX. They all do business with the US so why do I need US equities? When Jack Ma said to own the entire haystack he only meant the ex-US haystack.
U.S. consumes plenty of Hondas, Toyotas, Nestle food products, Samsung electronics. So much revenue is derived from the U.S. that U.S. stocks wouldn't add meaningful diversification!

:twisted: :oops:
Home bias, idol worship(own the haystack, except for ex-us), personal and political ideologies and recency bias(performance chasing) is a helluva drug!
Nice summation. :)
gubernaculum
Posts: 240
Joined: Sat May 02, 2020 2:31 pm

Re: International is in meltdown

Post by gubernaculum »

I personally dont think that international is worth it when USA controls over 60% of currency flow and dictates what it wants with politics and military. Asia is the only other place to look at for potential growth, but outside of that, I dont see anyone coming close to USA for the next decade or so.
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watchnerd
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Location: Gig Harbor, WA, USA

Re: International is in meltdown

Post by watchnerd »

gubernaculum wrote: Mon Apr 19, 2021 10:02 am I personally dont think that international is worth it when USA controls over 60% of currency flow and dictates what it wants with politics and military. Asia is the only other place to look at for potential growth, but outside of that, I dont see anyone coming close to USA for the next decade or so.
So international is good as long as its Asia?

If Asia outperforms Europe, Latam, etc, it will rightfull hold its place at the top of the international cap weighted index.

I'm fine with that!
Global stocks, IG/HY bonds, gold & digital assets at market weights 75% / 19% / 6% || LMP: TIPS ladder
nigel_ht
Posts: 4742
Joined: Tue Jan 01, 2019 9:14 am

Re: International is in meltdown

Post by nigel_ht »

Nathan Drake wrote: Wed Apr 14, 2021 11:20 am International destroying US today

Time to go all in and get out of US completely thanks to this outperformance, Jack Ma said that he doesn’t think US stocks are necessary
Lol, I think Jack Ma was reminded not long ago that China does not think that Jack Ma is necessary...
DB2
Posts: 1396
Joined: Thu Jan 17, 2019 9:07 pm

Re: International is in meltdown

Post by DB2 »

lostdog wrote: Mon Apr 19, 2021 9:53 am
Home bias, idol worship(own the haystack, except for ex-us), personal and political ideologies and recency bias(performance chasing) is a helluva drug!
+1
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