U.S. individual investors are shying away from foreign stocks, a new survey shows. The No. 1 reason they cite: concerns about political tensions between the U.S. and other countries.
Many investors say political tensions between the U.S. and other countries is what holds them back from investing more in foreign stocks.Baby boomers tend to have the least exposure to foreign holdings, while millennials have the most.While 66% of Americans said they think foreign equities could diversify their portfolios, just 48% of investors hold 1% to 25% allocations to these stocks in their portfolios.
And alomst half — 48% — said political tensions between the U.S. and other countries is what holds them back from ramping up their foreign exposure.That is according to a new survey from TD Ameritrade, conducted in February.Baby boomers, who grew up when the U.S. comprised a greater portion of the world's economy, tend to have fewer foreign holdings. The survey found that 59% of this generation have 1% to 25% foreign exposure.
Millennials, on the other hand, are more open to international investing. The survey found 53% of this younger cohort have 25% to 50% of their holdings in these stocks. Baby boomers were particularly concerned with foreign countries' instability and equity volatility. Meanwhile, millennials were more likely to complain about a lack of information on foreign equities.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks subdued, oil rises on U.S.-Iran tensionsAsian shares were off to a cautious start on Monday as investors pinned their ho...
Read more »
US Treasury yields lower amid tensions with IranU.S. government debt prices were higher Monday morning as market players monitor growing tensions between the United States and Iran.
Read more »
Dow futures higher amid growing tensions between Iran and the USU.S. stock index futures were slightly higher Monday morning, as traders monitor geopolitical tensions, in particular between the United States and Iran.
Read more »
Iranian hackers wage cyber campaign amid tensions with USWASHINGTON (AP) — Iran has increased its offensive cyberattacks against the U.S. government and critical infrastructure as tensions have grown between the two nations, cybersecurity firms...
Read more »
Stocks in Asia set to trade lower; US-Iran tensions continue to lingerStocks in Asia Pacific were set to trade lower on Monday morning, while tensions between the U.S. and Iran continued to linger after the latter shot down an American surveillance drone.
Read more »