Subject: OT- foreign stocks - roll your own index
I am looking to allocate some money overseas (non USA). Seems the rule of law is in question, valuations are sky high and the dollar is potentially vulnerable. The US has had a great run, but these factors make me want to diversify overseas. I see a potential turning point in the ratio of US to international.
How would you all suggest allocating internationally? Would the high ROE net cash concept work overseas? Any other ideas?
Thanks in advance to all the smart minds here