I was thinking about the risks of owning direct international stocks versuses being biased toward our home market.
I was just reading a chapter in Phelp’s 100-1 in the stock market, where he mentioned that UK holders of US stocks saw them all sequestered by the government in 1941 to pay for the war effort. I’m sure there are plenty of other examples where citizens holding foreign stocks are potentially not well protected.
Just throwing this out there. Not saying don’t buy foreign securities, but are there risks that go ignored as many look toward the juicy high returns of international companies?
Be the first to comment