Looking at the latest wealth per capita numbers across major economies, the US leads the pack at over $503k per person, with Canada holding a strong 6th place spot at around $324k per person. As investors, seeing where wealth is concentrated helps us decide where to put our hard-earned money for long-term growth. If you want exposure to these top wealth-generating economies, here are a few simple ways to capture them depending on which currency you trade in: For US 🇺🇸 Dollar Investors (USD) * US Market Exposure: $VOO (Vanguard S&P 500 ETF) or $VTI (Vanguard Total Stock Market ETF) give you direct access to top US powerhouses like Apple ($AAPL), Microsoft ($MSFT), and Amazon ($AMZN). * International 🌎 Wealth Exposure: $VEA (Vanguard FTSE Developed Markets ETF) covers developed markets outside the US, including Australia, Denmark, the Netherlands, and Canada. For Canadian 🇨🇦 Dollar Investors (CAD) * US Market Exposure: $VFV (Vanguard S&P 500 Index ETF) lets you invest in top US corporations directly in CAD. * All-in-One Global Portfolios: $XEQT (iShares Core Equity ETF Portfolio) or $VEQT (Vanguard All-Equity ETF Portfolio) hold broad exposure to Canada (like Royal Bank $RY and Shopify $SHOP), the US, and top global developed markets all in a single fund. Did You Know? 🧐 Despite having a much smaller population than total wealth giants like Germany ($23 Tn) or Japan ($22 Tn), Australia ranks #2 globally in wealth per capita at $444,872 per person, driven largely by high homeownership rates and their mandatory superannuation retirement system! — This is for informational and educational purposes only and should not be considered financial or investment advice.
2,718 views
2 Comments
Phil @diversifiedfill · 10h
Whoa... 😲 Way to go Australia! Coming in at #2? I'm surprised! 👏👏👏
See the full comment section 👀Sign up for the full Blossom experience!
