Tyler did a segment on foreign ETFs by interviewing James Pacetti of ETF International and Paul Mazzilli of Morgan Stanley, writes Roger Nusbaum.
There was not a lot of meat on the bone. Morgan Stanley recommends 12%-20% in foreign stocks with their favorite area being emerging markets. [The broadest emerging market stock ETFs are EEM and VWO.]
Mr. Pacetti said that a minimum of 10% a portfolio should be foreign but was not given time to elaborate, although he clearly had more to say.
For what its worth I have around 30% of my clients portfolios in foreign equities, mostly through individual stocks.
If anyone watching did not know that there are ETFs that provide foreign exposure, they know now but I think we may be a ways from some real meaty content on TV.
