Photographer: Chris Harnan
Tariff tumult has sent the S&P 500 index on an exhausting roller-coaster ride. The short-term impact on our portfolios is hard to stomach, but good things can come of the chaos in the long term, according to financial advisers. A stronger emphasis on diversifying across stock types (growth and value) and geographies is one of them.
As calls to diversify abroad multiply, and as Europe continues to outperform the S&P 500 this year, we asked experts in the latest Where to Invest $10,000 story to focus abroad. Opportunities highlighted range from a power play in Spain to European luxury-goods makers to Japanese real estate, along with a few other ideas for broadening out portfolios.
What would the wealth advisers do with a $10,000 windfall to spend on something fun? Ideas stretched from devices to track one’s sleep and health to a trip to the Canadian Rockies to supporting up-and-coming fashion designers.