IF: 1) The average return for each country's DJIA yields 10% / year. 2) The average cost of hold an index futures contract is ~5 - 5.25% / year (at least it is for the YM, and ES) What about this long term investment idea. Buy the index futures for each of the 15 countries that IB offers. Of course you'll be leveraged 25:1, but because you are in many non-correlated (or at least as non-corrleated as you can get) instruments the volatility is significantly reduced. opinions?