I would like to follow the advice of Nassim Nicholas Taleb, to a little degree. I have retirement money in lots of US domestic stock funds which is also where I live. I would like to hold some government treasuries in countries other than the US. I would not want to hold all my savings pegged to one country. What is the most efficient way to buy treasuries from all over the world weighted for the size of the economy of that country. Is there anything such as a basket of international treasuries. I also thought of simply randomly selecting 4 countries (random since I do not believe I know the future, and nor do you) with the weighting based on GDP. So if I spin my random selector...Argentina, China, Italy and Poland come up. I could buy bonds and in say 3 years time sell them and go for another spin of the random generator.
Please save me from my naivite!