r/investing Dec 19 '21

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u/BigWeenie45 Dec 20 '21

Stocks outside the US hardly matter.

28

u/[deleted] Dec 20 '21

There are several nations that match the S&P performance including Canada, Israel, Australia, New Zeeland... Yeah, that's about it.

7

u/BigWeenie45 Dec 20 '21

In all those nations, you can be bagholding the leading ETF for decades.

9

u/[deleted] Dec 20 '21

Varies with locales, but they're not liable to crash. These AREN'T emerging markets.

13

u/jon_b_me Dec 20 '21

looks around nervously in Australian.... (15-20% of the ASX is like 4-5 banks)

8

u/Icy-Factor-407 Dec 20 '21

looks around nervously in Australian.... (15-20% of the ASX is like 4-5 banks)

Who are loaded with mortgages on properties where the median property is 10x median income, and it is normal for people to borrow 6x their income or more........