Saturday, September 30, 2006

You can find foreign hot spots by yourself

By Linda Stern

WASHINGTON (Reuters) - U.S. stocks have returned 6.47 percent to investors so far this year. But the rest of the world has doubled that performance, chalking up 13.4 percent in total returns, as measured by the Standard & Poor's/Citigroup market indexes.

So yes, you should have a piece of your portfolio in foreign stocks. Perhaps even a large piece.

The United States accounts for less than half of the global stock marketplace, yet very few American investors have more than 10 percent of their portfolios in foreign stocks, if they even have that.

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