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Don’t Drop Your Foreign Stocks Just Yet

European FlagHave some foreign stocks but may be thinking about dropping them? Not so fast. Today’s article explains why you may want to consider staying with foreign stocks. Here’s what they had to say, “An investor who sells foreign stocks now and adds the money to US stocks is guilty of what in behavioral finance we call the availability bias—the belief that easily recalled recent outcomes (e.g., US market outperformance) will persist in the future. In other words, regardless of valuations and implied expected returns, an emotional investor buys recent winners and sells the losers.” To read more, CLICK HERE.