Forum Topics International options
Unlikely
Added 7 months ago

Thanks for all the suggestions. I shall look into these in the coming weeks, much appreciated.

In regards to “Dominator” and “Bigstrawbs70” thoughts regarding the US, I tend to agree with this view and hence most ETF’s in my portfolio are US focused (NASDAQ, IVV, IJR) and they have been very kind to me. I’m not intending to reduce these positions but I’m aiming for a more geographically balance approach with new purchases. Why??? I believe one big reason for the US out performance has been the strength of their institutions and rule of law historically. I feel like the strength of these institutions (eg the Fed and US statistical agency etc) is actively being reduced currently and if this continues long term, this will affect the relative performance of the US markets in the coming years and decades. I maybe very wrong on this thought, I’m often wrong.

I have been buying BTC as a partial hedge to some of the risks I perceive, but surely I can’t just buy BTC from now on...or can I Strawman???

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Unlikely
Added 7 months ago

Hi all!

I have finally got my commsec international trading account open. I'm very tempted to get some Alphabet shares stright up. However one of the reasosns I setup the international account was to reduce my relative US expsoure (I still have significant weightings in the US through various ETF's). I'm looking to add to my non US watch list. Any suggestions?


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Mujo
Added 7 months ago

No advice of course but perhaps look at Autotrader in the UK.

Carsales of the UK but cheaper, buying back stock and growing dividend. Not sure how driverless cars impact it long term.

If you're looking for higher growth and less mature have a look at Money Forward in Japan. The Xero of Japan with a lead over competitor (Free). Note it has other business units so a bit less clean. Japan still early in the move from on prem to cloud for accounting.

Disclosure: I own both.

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Solvetheriddle
Added 7 months ago

@Unlikely, my journey in Intl started around 2022, i had known the big US guys, but had not studied them, i thought there would be dozens of "unknown" great companies, and there were fantastic businesses all trading at 50X type multiples. they had been found before i got there, unsurprisingly. Which sent me back to the GOOg MSFT META AMZN V et al. in terms of non-US I started out keen, but as i looked, I realised it was actually harder to find the business dominance i sought. I own ASML for instance, but they are few and far between in Europe.

for ideas, i run my eye down the ETF QUAL holdings, look at some fund managers, Dataroma discloses the holdings of 80 or so of the so-called great investors

the only other thing i would add is that the US is very volatile, more so than OZ, which leads to opportunities for those with a longer than one-quarter timeframe. That has been good for me.


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Dominator
Added 7 months ago

I would ask the question what type of US exposure you are trying to avoid and why? If the US has better companies, why would you "diworsify" to other geographies for the sake of it? Personally, I see companies like Alphabet as global companies listed on a US exchange...

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