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FrameBenignly comments on Solved Problems Repository - Less Wrong
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How about index funds in countries that have an obviously larger growth potential instead of one's own country.
I don't mean to brag, but I'll bet none of you rich country folk have seen rates we've seen in Brazil in the last many years.
At least in the US, generally expense ratios on foreign index funds are higher than on domestic index funds. They're still a better deal than actively managed mutual funds.