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Stay Wealthy Retirement Podcast

International Stocks: Do I Really Need to Own Them?

Stay Wealthy Retirement Podcast

Taylor Schulte, CFP®

Investing, Business

4.7678 Ratings

🗓️ 14 August 2018

⏱️ 40 minutes

🧾️ Download transcript

Summary

In today's episode, we review the major reasons you should consider including international stocks in your investment portfolio. (Hint: it's not for a higher rate of return.)

In addition, we discuss:

  • How to invest in international stocks
  • What asset classes belong in a portfolio and what asset classes should be removed
  • The proper percentage to allocate to each asset class
  • How to implement this portfolio on your own
  • A look at our portfolios and how we construct them

Links, show notes, and resources for this episode: www.youstaywealthy.com/28 

DISCLAIMER: This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions. This podcast is not engaged in rendering legal, financial, or other professional services.

Transcript

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0:00.0

compared to U.S. stocks, international stocks look undervalued, quote, unquote. What that means to us is

0:06.9

we have to expect a higher rate of return over a long period of time from international stocks than

0:14.0

U.S. stocks. Welcome to Stay Wealthy San Diego, a show for successful professionals doing all the right things with their money and are ready to take their financial plan to the next level.

0:26.8

I'm certified financial planner Taylor Schulte, and I'm here to teach you advanced financial planning strategies in plain English.

0:35.4

This podcast is for informational and entertainment purposes only and should not be relied upon as a basis for investment decisions.

0:42.1

This podcast is not engaged in rendering legal, financial, or other professional services.

0:50.1

Welcome to the Stay Wealthy San Diego podcast.

0:53.2

Hello podcast listeners.

0:55.8

Today we're going to be talking about investing in international stocks.

0:59.5

And I know we've touched on it in some prior episodes, but today we're going to really take a deeper dive into the world of investing globally.

1:07.4

And then we're going to take that information and parlay that into a conversation about

1:12.7

how to properly construct a portfolio. Specifically, we're going to share three really important

1:19.4

things that we think you should take into consideration when putting your portfolio together.

1:25.1

And no, keeping costs low isn't going to be one of them. You beat me to

1:30.1

it. We've beat that drum enough. Keeping costs low to us is table stakes. And I don't think that we need

1:36.4

to make that point again. If you're new to this podcast, go back and listen to prior episodes.

1:41.3

We can't talk about it enough. It is so critical to pay attention to

1:45.1

the fees and expenses, not just the transparent ones, but the ones that hide behind the scenes.

1:49.8

So we're going to leave that out. The three things that we're going to talk about today in regards

1:53.2

to portfolio construction are, number one, what asset classes belong in a portfolio?

2:00.1

There's all these asset classes that are out there. It's overwhelming,

2:03.9

large growth, small value, international emerging markets, junk bonds, convertible bonds, high yield

...

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