A case for investing farther afield

For all its dominance in the fields of innovation and economy, the U.S. leaves a lot to be desired when it comes to its stock markets’ performance.

The country ranked 39^th for its annualized performance, returning 7.32%, far behind Colombia which returned 36.72% and barely six notches higher than debt-ravaged Greece, which is the only one of 45 countries to experience a negative average return over a 10- year period, notes a market commentary by J. William G. Chettle, chief marketing officer, LWI Financial Inc, a wealth management firm based in San Jose, Caliofornia.

On a more positive note, the report says “companies and countries around the world will continue to create wealth and reward investors who take a diversified, global perspective.”

Also read:

Canadian businesses must think globally

Frontier market investing myths

Time to rethink asset allocation: Russell

Vik’s Pick: Investors misguided about Russia

When home and hot biases collide

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.