The Globe and Mail reports in its Wednesday edition that while Canada's politicians work on how to diversify our economy away from our hostile southern trading partner, it is worth asking what we as individuals can do to diversify our own personal finances. Guest columnists Kristy Shen and Bryce Leung write that Canadians overwhelmingly invest in the Canadian stock market, a phenomenon known as home country bias. We do this because we like to invest in companies we are familiar with, but the flip side is that concentrating your investments in your home country makes you vulnerable to issues that affect that country. The answer is to diversify your investments around the world. That is why investors should seek a globally diversified portfolio that spans the world's developed economies, a portfolio that consists of equal parts Canadian, American and international stock markets as tracked by the S&P/TSX composite, S&P 500 and MSCI EAFE (Europe, Australasia and the Far East) indexes, respectively. The EAFE index, in particular, may ultimately benefit from investor interest trying to avoid the impact of the damaging Canada-U.S. trade war since it encompasses economies less dependent on the U.S. than Canada is.