Thoughts on international stocks

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Question asked 09/10/2021

Thoughts on international stocks

Hi James, Love your work and have built a nice local portfolio using your advice. Thank you. I have a bit of cash left over in my Commsec international trading account I established to buy BRK-B back in May 2020 just so I can say Warren, Charlie and I own .... Nahh. I thought it would be a great proxy for the US market, obtain access to his famous annual shareholder address and, not paying a dividend- continually reinvesting in their own skills- to reduce annual tax time mucking around. It has done well for me. I intended to buy something else but couldn't decide. Any suggestions? I prefer something set and forget and also not paying dividends if possible. Something further up the risk scale than BRK-B. A long term play. I was considering Microsoft however I do believe they pay a dividend on occasion? ( am I over thinking the tax complexity?) Will be leaving funds over there for at least 10 years well into retirement. Otherwise I'll just add to BRK-B. Your thoughts appreciated. Mark

Answer

Hi Mark,

Thanks for the positive feedback, much appreciated. By definition we like the stocks held in our International Portfolio: View Portfolio here

Considering the enormous rally by quality names like Microsoft (MSFT US) over recent years it’s hard to get overly excited right here but over the 10-years you’ve alluded to we remain both long & bullish MSFT which is still one of our favourite picks. Amazon (AMZN US) is another to fit this bill and a company that we are happy to own for the next 5-10 years. On the more speculative end, The Trade Desk (TTD US) is a phenomenal growth story around digital advertising which we think has a great future, it’s just very expensive.

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Microsoft Corp (MSFT US)

LAST UPDATED 09/10/2021 08:11

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