Are international investments more expensive than investing in American companies?
If you buy a mutual fund that invests strictly on an international basis, it can be slightly more expensive from the standpoint of fees. Probably the reason for that is that they are not just investing with the money managers in the United States, they are probably located throughout the world. So it can be slightly more expensive but not prohibitive. If you buy an individual stock or an individual bond and it is internationally based, then no, it does not cost you more. We are becoming a global economy. You are going to find more and more of everyone’s investment based on a worldwide basis. 20 years ago, no one was invested internationally, very few. People were invested in the United States, the rest of the world didn’t exist. The investment growth in international over the next ten years is going to be incredible. We might not be the best rate of return in the world, there may be higher rates in other countries. How can an investor tell whether a company is American or international
