No. of Recommendations: 5
Long time ago there was an article & discussion about US vs. non-US stock allocation. The conclusion was that you didn't really need non-US because the largest companies in the S&P 500 did a huge amount of business in non-US countries, so you automatically got that exposure.
Sure. Bogle was of that opinion. Buffett said don't bet against America many times, and all the average investor needs is an S&P500 index fund and some Tbills.
Vanguard Total World Stock ETF VT is currently 63% US, 37% international. The international has been a drag for some years, until 2025.
A nice feature by virtue of cap-weighting: if a country's stock market falls from grace and another takes its place, the fund automatically adjusts for that. The investor needs do nothing. Makes it attractive for a legacy portfolio.
