Global tracker or diversify?

WastedWords

Also Xtrackers MSCI World ex USA UCITS ETF 1C 

Ticker XMWX

Been around for a year now and 10x the size of WEXU.

Johnnyboy11

But surely the big US stocks are inherently globally diversified in any case, like Apple, Microsoft, NVIDIA, Amazon, Meta?

aroominyork

Neither WEXU nor XMWX is on HL... but XMWX is on Interactive Investor. 

GazzaBloom

Just hold a global equity or US index tracker and keep buying more regularly, turn off the news and stop worrying. In 5,10,15 years from now you will be pleasantly surprised.

“Fears regarding the long-term prosperity of the nation’s many sound companies make no sense,” he wrote. “These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.” At the nadir of the 2007 to 2009 bear market, the S&P 500 had suffered losses of more than 50%. Investors were panicking and selling their stocks out of fear that things could get even worse. So Buffett got greedy and shifted his bond-heavy personal portfolio into U.S. stocks. Sure enough, over time U.S. businesses returned to profitability, and stocks climbed to new highs. To be clear, investors aren’t panicking yet. But if things get worse from here, those following Buffett’s strategy would continue to steadily buy U.S. stocks — even if headlines begin turning dire. After all, investors have been here before, and eventually prospered. “Over the long term, the stock market news will be good,” Buffett wrote in 2008. “In the 20th century, the United States endured two world wars and other traumatic and expensive military conflicts; the Depression; a dozen or so recessions and financial panics; oil shocks; a flu epidemic; and the resignation of a disgraced president. Yet the Dow rose from 66 to 11,497.”

Albermarle

Johnnyboy11 said:

But surely the big US stocks are inherently globally diversified in any case, like Apple, Microsoft, NVIDIA, Amazon, Meta?

For sure they have a global customer base ( and manufacturing ) , but they are all operating in the same sector.
Until recently at least they all had very high share prices by most metrics, partly based on the continuing expansion of tech in our lives .
If it does not work out as planned, then they could all catch a cold at the same time.

Hoenir

Albermarle said:

Johnnyboy11 said:

But surely the big US stocks are inherently globally diversified in any case, like Apple, Microsoft, NVIDIA, Amazon, Meta?

For sure they have a global customer base ( and manufacturing ) ,

The "manufacturing" is what's in part made them highly profitable in the past 30 years. Along with being masters of the global corporate tax world.