Day: July 21, 2017
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Global diversification, not always a panacea
For years I have been promoting the advantages of global diversification. My recommended portfolio Generally, I recommend a portfolio of ⅓ Canadian, ⅓ US, and ⅓ international stocks. I claim that different countries run at different economic cycles, this means that as some countries’ economies are growing other countries’ economies are shrinking. Avoiding home bias…