I've started going far more aggressive overseas.. like 80% of funds offshore in equities, and a 20% in SA. most offshore are heavily slanted towards USA, so I had to look at funds where the underlying funds invested in other countries to give a more holistic approach towards county diversification.
I guess lets see in 10 years. lol..
Of course, but to be honest, I try not to focus on any 1 country. While stocks in general are focused more US due to it being the largest economy, I am trying to diversify at a country basis, that way if US goes through slumps, other countries like europe, china etc who remain strong can limit losses. While its not as straight forward as that due to the US economy having significant knock effects globally, diversification is one of the levers to limit the impact.
Also by country diversification, I dont lose out on opportunities in another countries, most unicorn companies are in US, but whose to say over the next 10 years, europe does not create the next multi billion dollar industries.
Obviously covid is unique, everyone took a hit so I am focusing on the long game like 20+ years...
I chose a global balanced fund as a base line, then another global equities fund to push the exposure.
