U.S. vs Global Equity Allocation
Right now, putting new money in U.S. equity indexes with a long-term, multi-year holding period would seem to be a massive portfolio allocation error. Despite the wide swings in U.S. equity indexes since January 2018, U.S. stocks have still done better than global stocks. However to make money, traders have needed to nimbly trade around the volatile uptrend. Buying S&P 500 stocks after a price dip then taking profits after a short rally is not easy and certainly not a source of consistent portfolio returns. Bad "in-and-outs" are inevitable, and