SMART INVESTOR: 3 Simple Ways To Work Foreign Investments Into Your Portfolio
There's no word more common in the investment game than this:
Diversify.
But diversity goes beyond just a mish-mash of different of asset classes.
Geography is another way to cover all your bases –– and it's a lot easier than you might think.
U.S. News & World Report's Miranda Marquit outlines three simple ways to get into the foreign investing game:
1. Try seeking out foreign companies listed on U.S. exchanges.
Why: It's easier to go through U.S. channels if you've got your eye on a hot foreign company.
2. Take advantage of low-cost index funds.
Why: They're cheaper, for starters, and index funds or exchange-traded funds (ETFs) give you access to a host of asset classes you might not otherwise be exposed to. Just pay close attention to your risk tolerance –– not all funds are created equally.
3. Consider REITs.
Why: If you're too squeamish to commit to plucking up property in foreign real estate markets, REITs might be the answer. They are real estate investment trusts that focus on foreign properties.
More From Business Insider
