Michael BowmanVanguard Total International StockVXUSDON'T BUYJun 19, 2012
This is a monster fund with no US in it. There are 43 different countries and about 41% of it is in Europe. 6400 holdings. He is partial to the US so he is not looking to buy something like this without the US being in it. Feels it is way too diversified.
He's looking at Africa, where stocks are not diverse, with a lot of mining, banks and telcos. More and more growth is coming outside the US in the next coming years. Historically, if the US dollar is weak, emerging markets outperform and vice versa.