411 | The Simple Path to Wealth | JL Collins
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Is There a Need to Own Specific International Funds?
When you own BTSA X or the S&P 500, you are owning the largest companies in the United States and they are by definition international businesses. And that's one of the reasons that I personally don't see a need to own international funds. The world in general is growing. It is getting more and more economically prosperous and has done so ever since World War Two. So I absolutely believe that you want to participate in the expansion of the world economies and the world businesses.
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