• Australian (ASX) Stock Market Forum

How many ASX shares until you invest offshore?

Discussion in 'ASX Stock Chat' started by ENP, Apr 15, 2012.

  1. ENP

    ENP Well-Known Member

    Posts:
    147
    Likes Received:
    0
    Joined:
    Sep 16, 2010
    What amount of companies or what $ size of your portfolio did you get to until you started buying overseas shares to diversify a bit and benefit from other economies other than Australia?

    eg. Porfolio size got to 50k. You had invested in 3 ASX companies and then decided to buy 20k worth of shares in US or UK markets.

    Just saying that ASX is heavily weighted in mining and financials and companies in overseas markets have exposure to a lot of different industries.
     
  2. So_Cynical

    So_Cynical The Contrarian Averager

    Posts:
    6,097
    Likes Received:
    5
    Joined:
    Aug 31, 2007
    I have 22 ASX stocks and find im at about the upper limit of possible ASX listed diversification....and im only holding 1 miner. :sly:
     
  3. skyQuake

    skyQuake Well-Known Member

    Posts:
    2,783
    Likes Received:
    4
    Joined:
    May 1, 2007
    Aus has pretty much everything important barring Tech. If you're buying US equities just be wary of FX exposure.
    Although seeing AUD at historic highs, 'diversifying' into foreign currency stocks may be beneficial a few years down the track.
     
  4. blue0810

    blue0810 Well-Known Member

    Posts:
    122
    Likes Received:
    0
    Joined:
    Aug 31, 2010
  5. ROE

    ROE Well-Known Member

    Posts:
    2,948
    Likes Received:
    0
    Joined:
    Jan 5, 2007
    If I have more than 20m I would diversify oversea
    below that figure I'm happy to stack the lot here :)

    You dont have to expose to mining or financial if you don't want to

    I have 1 miner and ccp and ccv as financial, none of the big 4 banks
     
Loading...

Share This Page