Multinational Stocks Soar as the Dollar Sinks
Multinational stocks are experiencing a surge as the U.S. dollar weakens. Investors are advised to adopt a diversified strategy, utilizing low-cost, tax-efficient ETFs like the Vanguard Total Stock Market Index (VTI) and the iShares Global 100 (IOO) ETF, which focuses on the largest multinationals. The IOO ETF has risen 19.2% this year, with significant technology exposure. A balanced portfolio should include around 20 stocks, combining blue chips and more aggressive options. Investors are encouraged to take profits periodically to avoid losses from market volatility.
CabotWealthNetwork·