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International diversification is nothing new, although it's recently been spurred by the growth and success of emerging markets. This year alone, developing-market ETFs have fared much better than most developed countries' indices. For instance, the iShares MSCI Emerging Market Index has returned roughly 67% so far in 2009; compared with the 23% return of the S&P 500, that's pretty impressive.
Although some domestic stocks like Apple
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Fool contributor Jordan DiPietro doesn't own any shares in the companies above. Baidu is a Motley Fool Rule Breakers pick. Apple is a Motley Fool Stock Advisor recommendation. Wal-Mart Stores is a Motley Fool Inside Value recommendation. Petroleo Brasileiro is a Motley Fool Income Investor pick. Try any of our Foolish newsletters today, free for 30 days. The Fool's disclosure policy enjoys hanging out along the Bosphorus Strait.