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Have you heard this terrible investing advice? Here's why you should ignore it.

Por: MarketWatch Politics August 28, 2023

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In short, just keep it all in the good ol’ U.S. of A: the S&P 500 for large-caps, the Nasdaq for technology stocks, and the Russell 2000 for small-caps is all you need. There is nothing new, unique or rare about this line of argument. Those pushing it (including, I suspect, many financial advisers) can point to some superficial data to back up their case. For example, since 1970 U.S. stocks have produced double the overall return of the... + full article



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