Being smart with $$ - Don't invest like the Greeks

Do you hate international stocks and prefer to invest in U. S. companies only? What if you were Greek? Would you buy U.S. stocks or Greek stocks? Apparently Greeks like their own country too and 82% of their stock money is in Greek companies. Yet their stock market makes up less than 1% of the world's stocks (says Kiplingers in an Oct '15 article). I wouldn't recommend putting all your money in the Greek stock market but there is a diversification benefit of having some exposure to stocks outside the U.S.
- Larry Pike, CFA, Client Priority Financial Advisors LLC
- www.clientpriority.com