So having some final thoughts here on international investing, which is really great for going global
and getting diversification, something you really want to consider having to be a part of your portfolio.
You want to ask yourself some questions around that, too, is, well, what countries do I want to
invest in?
What types of stocks in what countries and why is that?
Why do I want to invest in that?
Think about also developing or developed and or emerging markets.
Developed markets would be like, you know, like Japan, the United States, European Union, you know,
that are more developed versus emerging economies like China and India, for example, and Latin American
Africa, where they're more of a emerging type market.
So, you know, would you want to invest in and how much do you want to invest?
And then how do you want to invest them?
Do you want to buy individual stocks or do you want to buy mutual funds and exchange traded funds?
Or you can certainly have a combination of both, of course, but how you want to approach it and how
you want to approach it.
As far as the things we've been learning, whether it's depositary receipts, direct investment or mutual
funds and ETFs as far as ways to invest internationally.
Also, some extra things here.
One is to think about risk.
I mean, there's always risk with investing in the stock market.
Prices go up, they go down, companies do well, companies do poorly, and your stock price goes up
and down.
But there's some extra currency, extra risk, too, for international investing.
One is currency risk, as in the price of the currency.
The underlying currency can go up and down too, which can affect a stock's price as well, or the performance
of a company based in a particular region, for example.
So when the Turkish lira, for example, had a real downturn, that really affected Turkish stocks in
a dramatic way because their underlying currency was suffering.
So that's something to consider.
Also political risk and regulation and government regulation around that.
You know, countries that have more regulation or might be strongly regulating something like, let's
say technology, you know, European Union is being more out front as far as regulating technology companies
that maybe other countries would be.
So you'd want to consider those risks as well, too.
That could impact a stock's performance.
Less frequent, but some to be out there would be like nationalization where a country, because they
have armies can basically take over companies or take over companies operations somewhere.
So let's say you're a company that does some type of farming or whatever, your big company that in
Cuba years and years and years ago, maybe your tobacco company, you had tobacco farm plantation in
Cuba.
Well, when Castro comes to power, he couldn't I think he did, you know, nationalized those things
and take that.
So it wasn't a US company anymore that owned those operations.
They were nationalized or taken over by the country.
So it's just something to be considering.
If you have a company that might have less stability or maybe more intertwined, maybe a dictatorship
or something.
So some things to be aware of when you're investing internationally is that it's beyond just the stock
performance as well.
So either way, you look at that and think about adding international stocks to your portfolio, I think
it will serve you certainly serve you very well.