Ep. 11 Why Should I Care About Foreign Diversification for Stocks? Can't I Just Buy all Tesla? Or Google? Or Amazon

Send us Fan MailIn this episode, Mike and Maddie discuss the idea that you should diversify your stock holdings across countries and among many large and small companies. That doing so means your portfolio will go up and down in a more stable way, reducing a lot of risk. Buying stocks in only one country or a small number of companies is not a good strategy. Yes, the U.S. has been a great place to invest, and Tesla, Amazon and Google have had some great returns for investors, but it hasn’t be been all rosy and we don’t know what the future will bring. You shouldn’t put all of your eggs in one basket, or even two.