The Cycle of Investing Understanding the cycle of investing may help you avoid easy pitfalls. Share | Related Content Emerging Market Opportunities What are your options for investing in emerging markets? Global vs. International: What’s The Difference? International funds invest in non-U.S. markets, while global funds may invest in U.S. stocks alongside non-U.S. stocks. Taxable vs. Tax-Deferred Savings Use this calculator to compare the future value of investments with different tax consequences.