The case for a global perspective
In the following white paper provided by Charles Schwab, the case for a global perspective is addressed by incorporating a worldwide investment approach in an increasingly globally diversified market. Schwab compares the stocks of the MSCI All Country World Index (ACWI) to the diversity of the Masters championship golf tournament.
“We believe a global perspective that incorporates portfolio allocations to U.S. and international stock markets along with global benchmarks for performance are vital to successful long-term investing.”
Read their full report here: