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Optimal Finance Daily · Wednesday, July 15, 2026

Carter: Diversification Should Include International and Small Cap Stocks

Erik Carter points out that many investors are not adequately diversified, often neglecting international and small-cap stocks in favor of stable value funds, bonds, and large-cap US stocks. He argues that these neglected asset classes have historically outperformed and should be included for a more balanced portfolio.

The tape

3 quotes
Many just invest in a stable value fund, maybe some bonds, and large cap US stocks, like an S&P 500 index fund.
Erik Carter
Other asset classes like international and small cap stocks are significantly underweighted or even completely neglected altogether.
Erik Carter
In fact, small cap stocks have historically outperformed large cap stocks over long periods of time, and emerging market stocks have been outperforming recently.
Erik Carter
Heard on Optimal Finance Daily — “3630: What’s Probably Missing From Your Financial Plan by Erik Carter of Financial Finesse on Financial Planning, published Wednesday, July 15, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.01