Diversification is the only free lunch in investing, yet many investors choose to overweight their domestic stock market. While the UK makes up a mere 4% of global markets, off-the-shelf portfolios often include shockingly large allocations to British firms. We discuss whether home country bias is a problem or if there are good reasons to favour domestic stocks. And in today’s Dumb Question of the Week: What are safe-haven currencies? --- Thank you to Saxo for sponsoring this episode. Sign up to claim GBP 200 back in online trading fees when you open an account with Saxo today via: PensionCraft | Saxo (home.saxo) Capital at risk. T&C’s apply. --- Get in touch 📧 [email protected] 🎧 many-happy-returns.captivate.fm --- Join PensionCraft 🌐 Become a member at pensioncraft.com ▶️ Subscribe on YouTube --- Disclaimer This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice. Copyright 2023 Many Happy Returns