Not to pat myself on the back, but after reading this post on Turkey's outperformance as compared to other emerging markets, I couldn't help but feel good about being right about this post from months ago.
Allright, enough with the back-patting. The point is that TUR has had a great run and it might be wise to trim part of that position. From a long-term perspective, however, TUR fits into the international equity portion of a portfolio nicely. I am currently targeting at least 50% of my portfolio overseas. I achieve that allocation through a combination of VEA, VWO, GWX, RWX, EWX, country ETFs like TUR, and ADRs.
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