Don’t Abandon Investing in the Good Ole’ USA!

April 11th, 2008 at 03:20pm Brent Brodeski

  Brent R. Brodeski, MBA, CPA, CFP®, CFA, AIFA®

I recently had the privilege of being interviewed and featured in an article that was syndicated throughout Canada.  It was first run in the Ottawa Citizen and picked up by several other Canadian newspapers.  The author, Keith Woolhouse, tracked me down to chat about the benefits of investing in U.S. stocks.  He wisely observed that while U.S. stocks have struggled for a while (especially for local Canadian investors who have seen the U.S. dollar substantially weaken vs. their local Canadian dollar); they seem like a bargain for investors who can see past the recent market turbulence. 

The article (see link at bottom) provides perspective regarding the importance of staying globally diversified even after a period in which international stocks have done better then domestic markets.  While the author initially seems a bit dramatic, it is actually just a set up for the later part of the article that puts in perspective how much cheaper U.S. stocks are today than just a few years ago.  He comes full circle and concludes “don’t count us (U.S. stocks) out, either now or ever.”

http://www.savantcapital.com/articles/ar080313.pdf

Entry Filed under: Asset Allocation, Investments