Head To A Hedge Fund?

Why doesn't Dave agree with moving your money to an international hedge fund?

QUESTION: Listener asks if he should roll his 401k to an investment firm that invests in international hedge funds, given the state of the economy. Dave strongly disagrees with it.

ANSWER: That’s an absolute disaster. Don’t put your 401k in hedge funds ever, much less international. International companies haven’t kept up with U.S. companies as a category. International mutual funds are what I recommend among 4 types of mutual funds, but they are the weakest of the 4 types over the last 15 or 20 years. These economies are very intertwined in this global economy. When we sneeze, the Asians catch the flu. We have our problems, but we’re not anywhere close to some of these socialist countries.

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