Investing Internationally - Is it Risky?
April 10, 2008 by Josie Kay · Leave a Comment
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Q. My adviser has recommended that I invest some of my money overseas. It sounds a bit risky?
Josie’s Answer - The main reason why you would allocate some of your funds, overseas is for diversification.
For your info, the Australian sharemarket represents around 2.3% of the world’s total sharemarkets, which means that nearly 98% of the world’s shares are not available to you.
A bit of trivia, you will be surprised to know that Australia’s sharemarket is actually smaller than the markets of Switzerland (3.1%)The size of our market is not too dissimilar to some of the world biggest companies. Read more
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