Wick

Owning more than your own country

Funds & Diversification

Your country is not the market

It is natural to hold only companies from where you live. But any single country can underperform for a decade or more — this has happened to every major market at some point. Owning companies globally means your retirement does not depend on one government, one currency, or one economy's bad run.

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Holding only your home country's shares means…

  1. Lower risk, since you understand them
  2. Concentrated exposure to one economy's decade correct
  3. Better returns, guaranteed

Exposure is how much of your money rides on one outcome, and putting all of it on one country is a lot of it. Familiarity feels like safety and is not the same thing. Every market has had its lost decade.

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