No. of Recommendations: 7
I was already overweight in non-US stocks. Now I am even more enthusiastic about buying more of the broadest ETF I could find. Being lazy and a terrible stock picker, VXUS works for me. 8400 stocks, 0.05% ER, roughly 1.25 PEG (compared to over 1.6 for VOO, the S&P 500 ETF also from Vanguard). No particular concentration in a single stock or GICS sector, except 22% financials, a bit high but not worried about it.
I am waiting for some semblance of a new normal before actually buying more.
OT, but I had also switched to BNDW for my core bond ETF, roughly 50-50 US and non-US bonds. Non-US developed countries' governments do have higher debt burdens, but I have somewhat more confidence that they (UK, Japan, Germany, France) won't default. US, I don't know anything anymore.
Also OT. On the periphery, ADRs of regular dividend payers like Nestle, Roche, lots of UK ADRs. FLCH (China ETF) as a wildcard in case it turns out to be the Chinese century.
Unlike Jim, still about 50% in US stocks, mostly boring dividend payers and Berkshire. Not high yielding ones. It's not that I place a premium on dividends, it's the basic management discipline that I like.
Sorry for rambling.
