CLICK HERE to join the discussion!
I sincerely hope you’re taking time each day to take part in this all-important conversation: Just the insights and investment ideas readers have given us so far could have helped you avoid serious losses and make more money in recent years!
The topic this week is, “What would the optimum growth portfolio for these uncertain times look like?” — and many of your fellow investors are diligently posting very thoughtful and detailed responses.
Yesterday, for instance, we took a look at the first of the major asset classes available to investors today: U.S. stocks. The question of the day …
Is this a good time to be buying or holding U.S. stocks and equity funds?
Hundreds of responses from our readers poured in …
John D. seems to feel that the answer is a definite “Yes.” “Weakness in the dollar is bullish for U.S. stocks,” he says.
Juan is taking the middle road: “Sadly, the U.S. financial future looks grim for the next three to five years to me. Investing in the U.S. now seems pretty dangerous,” he says.
“Still, there will be some great U.S. companies that will make their own homeruns, no matter what. The Apples, Microsofts, and even Goldmans of the U.S. economy will make it happen once again.”
Fernando C., on the other hand, wouldn’t touch any U.S. stock with a ten-foot pole: “I am not in any stocks,” he says. “I am 20% short, and 80% in cash.”
And Michael S. goes even farther: “I think this recovery is a smoke screen,” he says. “The current bull market is nothing more than a bear trap.”
“In direct answer to your question — sell in February!!!!!”
Overall, though, the general consensus seems to be that …
On a scale of one to ten
(with ten being the best),
U.S. stocks seem to rate about a
“TWO” as growth investments today.
Most of our readers feel that U.S. stocks may be OK for a small percentage of your money — perhaps the tech leaders Juan mentioned or a U.S.-based resource stock or two.
But for most, the overall U.S. stock market poses significant risks — including the risk of a double-dip recession. For growth with safety, they prefer to look beyond U.S. stocks.
So today, we’re going to move on — and see what our readers think about investing in FOREIGN stocks for growth. The question of the day:
How would you rate foreign stocks in the current environment?
Where in the world are you investing now? Which countries do you feel will provide the greatest profit potential with the lowest risk in the first half of 2010?
Your answers will go a long way towards helping me help YOU build a more profitable portfolio.
Just click here and use the “comments” area to share your thoughts. Early tomorrow, I’ll add my own thoughts.
Best wishes,
Larry
Related Posts
- 2010: Big Currency Profits Ahead? (02/01/10)
- Commodity windfalls ahead … or not? (02/02/10)
- Care to give me a hand? (01/20/10)
- The optimum growth portfolio for 2010 (02/03/10)
- My big question for today: What do you do for income? (01/28/10)
{ 71 comments… read them below or add one }
I’ve thrown a little money into FXI and HAO for China exposure, and my timing was impeccable…down 15% in a month, but what’s new…nothing goes up in a straight line. Also have some EWZ (brazil) and PIN (India). Total exposure is probably less than 1% of my portfolio (I’m over 95% in cash), but I think Sagami knows his stuff and the foreign markets will eventually decouple strongly from USA and show good returns in the years ahead. There’s a huge shift from west to east regarding economic growth, so I think anyone needs some exposure to these markets. I doubt that like the USA they have more people employed by the government than in manufacturing! I’m not sure how to assess risk, and I guess political upheaval is always a possibility so I go with the areas I keep seeing pop up in investment articles, like the ones already mentioned as well as avoiding the no-brainers like Greece which has real debt problems.
Larry Edelson Reply:
January 29th, 2010 at 9:59 am
Hi Steve,
Yes indeed there’s a big shift in money and power moving from the west to the east. No doubt about it. Fortunately, today there are ways for investors to take advantage of the diversification, without having to leave home and open a brokerage account in another country! – Best, Larry
The years 2010 and 2011 will be very challenging for U.S. investors. We are on the verge of bankruptcy and our representatives in Congress and Obama and his crew are plainly clueless as they spend like drunken sailors. My apologies to any U.S. Navy men in this audience.
If you want to know how bad our financial situation is go to Google and type in Greenspan Guidotti Rule. You can review this on Wikipedia for a very clear definition. Basically the rule states that cash and equivalent assets should meet or exceed short-term debt. The U.S. has $500 billion in assets (gold, oil and foreign debt) and $2.0 Trillion in short-term debt going to $3.5 trillion. Debt is seven times cash and equivialent assets. I am a retired finance guy and this is called BANKRUPTCY!!!!!!!!!
This year we will see the U.S. dollar going off the worldwide peg for dollars, probably going to the Euro. We will find it very difficult to borrow funds to pay our debt because China, India and Japan are putting their money into gold. the U.S. will have to pay much higher interest rates to borrow funds to cover their massive debt. And don’t forget we now have a lot of “baby boomers” moving on the social security benefits.
There is no doubt in my mind that we are going into a period of stagflation ((a period of slow economic growth and high unemployment (stagnation) while prices rise (inflation)). Most likely we will see double digit unemployment and interest rates during this period while the dollar diminishes in value.
With that said I would only invest in solid large international corporations and devote a lot of time shorting the multitude of U.S. corporations that are in serious financial trouble, e.g. GE. There are a few very solid corporations that will be o.k. but I just don’t think that this is a time for “buy and hold”. Those of you out there that have a lot of money, which I don’t have, might want to focus on the solid companies that pay out dividends.
Larry Edelson Reply:
January 29th, 2010 at 10:00 am
Mike – you’re absolutely right about the U.S. being broke. But I’m afraid it’s worse than that. Counting all unfunded liabilities, there are over $134 trillion in debts! — Larry
I think the profits are in the foreign markets now, not the US, except for a few exceptions like materials such as coal and international “household necessity” producers and suppliers like P and G. Awhile ago I would have included USA cheap “fast food” but those guys have already “run up” so I fear there is not much more upside for them, except for YUM which seems to be under recognized, still - maybe because the names of what it owns and operates are not associated with its corporate name. Unlike Burger King, which is Burger King.
The foreign markets would be the developing economies like China and India and those with growing economies and natural resources like South America. Canada, Norway and Australia are others in my estimation.
Larry Edelson Reply:
January 29th, 2010 at 10:01 am
Agreed Vincent!
Well until about 10 days ago or so… I would of said China, India, Brazil etc would be the places to look for investing! But, this so-called tightening of China’s banks has got everyone “spooked” ! This “herd” mentality of investing and the larger institutions moving millions is just very destructive to the market and the single investor!!! Also, Gold, Silver, Cooper etc. would seem “the way” to me or it was at one time (i.e. when equities are down, then the metals should be up) but they/it are getting hammered too. Man, I don’t know… I guess Cash is the answer!!! To answer your (Larry) question… I think if we can get through this month with the Market still intact then maybe an answer will evolve. But until the China deal is resloved, Bernake confirmed, the President backs-off the Banks (retalliation from losing the recent election) and metals find their way… it is a little scary!!!! As a personal note… I got to believe (maybe hope) that Precious Metals will be the path to take, it just makes sense!!??
Larry Edelson Reply:
January 29th, 2010 at 10:02 am
Harry – you hit the nail on the head: Herd mentality. If one could anticipate when the herd is going to move, to relocate, or, panic – what an edge one would have! I also agree with you on a combination of natural resources and cash. – Best, Larry
Everything I read in the financial materials indicate the best three places for investment are China, India and Brazil. If I had to pick one, I’d say China. How can the consumer force behind that many people be stopped, and they are just getting a taste of credit purchasing allowing them to have some of the “goodies” they have longed for. As with any stocks, you can still pick bad ones and good ones and that’s the rub. Trust and believe in your sources and do your homework and you’ll be way ahead of any growth found in the US.
Larry Edelson Reply:
January 29th, 2010 at 10:02 am
Right on Paul. — Larry
Not all foreign stocks. Some like Brazil, China, India. Not Russia. I watch the fiscal policies adopted lately to see who will be in the same boat. Most countries are. Won’t touch them. India and China have a beginning middle class and are wanting luxuries. China has also been working behind the scenes to start trading with others using its’ own currency. Brazil is having a hard time but it also has resources which is in demand and is trading in whatever currency that the buyer wants. Should open up new markets for them.
Larry Edelson Reply:
January 29th, 2010 at 10:03 am
Couldn’t agree more Carl. — Larry
I am losing hope on the US economy including the free market system. The system they created could end up destroying the country in a sense. The politicians are pretty corrupt. I believe all politicians are corrupt in nature regardless of any country.
My personal sense is that we may now stand at the edge of a precipice that could clobber US and Foreign stocks even worse than the Crash of 1929-33. Much of the roller coaster climb of the DJIA and S&P from March to December 2009 seems to have been artificially inflated by diversions of funds government stimulus packages. However, stimulus funds are not petering out.
Banks now hold about $1.5 Trillion dollars in “excess” reserves on their books. Because credit is still effectively frozen up, these funds are not going into small business commercial loans where they are desperately needed. There will be no real economic recovery or drop in unemployment without broadly based commercial credit expansion.
I also hope Larry and his team will better inform all of us concerning the links between stock and bond markets and the present weakness of the world banking system.
— During the US real estate demolition derby of 2006-2009, a total of $13 Trillion dollars in US wealth (15% of our total wealth) evaporated into thin air. In the aftermath of this debacle, 25% of US homeowners now live in homes whose resale values are less than they owe on a mortgage. Although December 09 home sales were marginally up from a year ago, property turnover is still a long way down from four years ago and resale prices remain significantly lower.
— Two million residential properties went through foreclosure in 2008-2009. An estimated FIVE million properties are now in the early stages of foreclosure proceedings. The Wall Street Journal estimates that up to 25 million properties may go through this process in the next few years.
Will somebody please tell me who will buy these properties — and at what prices — while over 15% of us are living on greatly reduced incomes? Moreover, will somebody explain how the US government will mediate the consequences of short sales and foreclosures, when under-water homeowners and their banks are forced to write down their losses?
150 out of a total of 8400 US banks failed last year. The FDIC was forced to raise bank fees and seek additional funds on loan, to meet liquidations — and none of these failed banks was in the top 100 by asset volume. About 550 banks are now on the FDIC watch list. I very much suspect that if US banks were forced to use accurate accounting procedures on their devalued assets, hundreds more would be in receivership and under management for liquidation by the FDIC. The parallels to 1929-1933 aren’t exact, but they are certainly alarming.
So what’s the deal, Larry? How would you advise us to protect ourselves from a major collapse of the US banking system?
Today, I doubt that any buy or sell-short is a good idea. The key foreign ETFs that I watch (FXI & EWZ) are both oversold nearly as far as the scales go for Slow Stocastic and MFI. (Likewise for domestics like SPY.) But, therefore, it’s time to be watching them very frequently. They may be bottoming. Of course, it’s also possible that they’re about to fall off the cliff. It’s pretty much according to what the herd is doing. If a bunch of stops get hit, the wave of selling will drive prices even lower. On the otherhand, if there’s a bunch of limit orders out there “bottom fishing”, this could be the end of a correction. But FXI is well below it’s 200 day MA and EWZ is headed that way at a steep slope. I don’t even want to try to pick a level for a limit buy. I just plan to check ‘em every day : )
yesterday, i replied i had 29% in oil, 58% in gold & 13 % in misc. stocks.
today, i am selling to have 10% back into cash.
I believe China, India, Brazil, Japan, Austraila, Canada are the better countries in which to invest this year.
CEO,AUTC,FSUMY,CHTL,CTEL,XRA,HL and more.
what do you think of the revalue of the Ieaqi Dinar?
Information is so herded and skewed and the markets so convoluted and confused the politics so polarized and the world peoples so indebted and peak commodity prices of near everything; it seems like a perfect storm of peak trouble.
I see a bad outcome and more turbulent times. It may be that BRIC counties will do OK but everyone will need to downsize their expectations or be disappointed. gold in a Swiss account is my only overseas investment.
Gold and common stock can protect against the devaluation of the dollar. Stock are laging gold. We are printing money at an unpressidented rate. The market should be going up and not continue downward.
Foriegn Stocks concern me that they will follow the US trend. I will invest limited assets in Brazil and China S&P equivalents.
Larry, U.S. stocks are floating in a pond of uncertiny with so many prroblems, questions and deception going on in government and the markets themselves, the foreign markets are the only game in town . Even they are effected by what is happening in the U.S. it may limit the growth there. Risk, risk the world over. If you find growth you don’t have to reach through the gillitene to get it will be a jewell. Rod Smith
I am hesitant to buy anything right now. I’ve cashed out of some stocks and am relying on a few great companies with good dividends as well as a few mutual funds with good historic results. Many of the companies have exposure to China, Brazil, India and other countries. But I am anticipating going into more cash and waiting to buy later on……
I have no confidence in the ideology or policy makers in the white house and congress.
I agree on some of the foriegn market you have labled. I see Australia as a gold mine, they love the American sports and comodaties just need them, and they are holding strong. And see alot of things thier market have to invest in. Investing in Precious metals and power. But US is always going to be a good investment we will always come back over a slup stronger, we are just waiting on the word go on alot of investments to open, the railways a big one Ill call it the big (BOOM )here in the US. But these are my personal ideas of investments.
PLEASE DO A FINANCIAL REPORT ON THE MANY OPPORTUNITIES FOR INVESTING IN THE OIL & GAS EXPLORATION FIRMS AND OIL FIELD SERVICING FIRMS THAT ARE NOW GENERATING HUGE AMOUNTS OF PRODUCTION AND CASH FLOWS FROM EXPLOITING THE VARIOUS TIGHT SHALES ALL ACROSS NORTH AMERICA!!! IF WE CAN CONTINUE TO SUSTAIN THE INVESTMENTS IN DRILLING FOR MORE PROVED PRODUCING OIL & GAS PROPERTIES AND BE ABLE TO DELIVER THE PRODUCTION TO REFINERIES, WE CAN HAVE SEVERAL GREAT YEARS OF NET PROFITS AND LARGE GAINS IN STOCKS. OPTION PLAYS AND LADDERS ANYONE??? HYDRAULIC FRACKING IS GOING TO MAKE MANY NEW MILLIONAIRES SOON. THANKS.
I am very concerned about the US debt and the constant errosion of the US dollar. Thus, my about 80% of my investment capital is concentrated into countries that I expect to gow over the next decade. Approximately half of my funds are in Canadian companies with the remaining funds spread out in China, India, Australia and Brazil.
I would be interesting to invest in the SRI LANKA market. The market went up a lot already but some analysts are saying that an additional 30% up is feasible.
Larry, you may have some opinion or ideas about investing in SRI LANKA?
Andre
I like china, india, indonesia, taiwan the best
i do like brazil too
I’m shorting Obama.
As of now I am out of positions in Brazil, Chile, Singapore and Korea. The same is true for positions in KOL and SLX.In fact I was all out of everything by January 17th 2010. I have only owned 1 U.S stock in the last three and a half years. By that time((Mid 2006) I had concluded the U.S was being driven by easy money, credit growth, housing inflation and little else.
I am out now as my charts and indicators led me to conclude all market valuations and commodity prices had reached levels where significant profit taking would occur. Furthermore, market appreciation since March of 2009 has been too broad. I think the time has come to become more selective and to only buy on a significant correction.
It was a great run and it is time to smell the roses. I leave it to others to try and squeeze the last, if anything out of markets now.
In foreign stocks I am in Chile and India. I am long in U.S. oil,gas,and pipelines. I like buying old fields at great value where 80% could still stil be in the ground. Some silver and gold stocks look very interesting when production costs are low. A utility or two is interesting. Growth is the way to go in u.s.a. or stable countries. Good profits to all in 2010.
I would go for stock in India or China
Earl
Larry, i don’t understand, you said this is mild correction in metals & a short uptrend in the dollar, it seems to me this more than just a short correction . P. M.
stocks are falling of a cliff & so are the China stocks . When do you think things will turn up ?
Not too comfortable investing in US stocks–except for domestic commodities and maybe, later, some utilities. Will probably invest in some foreign commodities and stocks later. I prefer to keep the bulk of my assets in T-Bills, CD’s, MM, and some ETF investments which bet against the overall markets and currencies. I would welcome a good investment in an apartment house rental property when it becomes available at a reasonable price–still to high yet..
Not too comfortable investing in US stocks–except for domestic commodities and maybe, later, some utilities. Will probably invest in some foreign commodities and stocks later. I prefer to keep the bulk of my assets in T-Bills, CD’s, MM, and some ETF investments which bet against the overall markets and currencies. I would welcome a good investment in an apartment house rental property when it becomes available at a reasonable price–still too high yet..
I wouldnt touch any foreign or domestic stock with a ten foot pole. Remember this is a world market economy and “almost” every one of the markets is overbought right now with debt up to thier eyebrows. Yes ,it is unbelievable that the “Plunge Protection Team” is still pouring money into this market… Its going to fall just like the Roman Empire did….keep printing that money guys instead of making jobs come back
I see that the gov.is looking at IRAs and HR10 as a manditory buyer of treasuries. What are we coming to? The dollar is going to become weaker and weaker. The best bet is the ownership of a diversity of resources in stable countries. When it becomes time to turn your savings into something you want to sure it’s not a lot of nothing.
right now im invested india—- tate moters i read they are rampingup to produce more units im considering adding more shares what do you think.
China is RISKY but I think will give a good return for 2010.
I like some exposure to Brazil, China and also Russia, maybe around 20%. Brazil is pretty solid and of course China is were the growth will be.
I think I and a lot of Americans would like to find good healthy companies that meet the test of fundamental investigation. We ‘ve had so many financial instruments to choose from that may not have led to a mess.
We are a nation on the Spenglerian back slope of history, but still with enough gravitas to drag down much of the global economy. Paper currency without equivalent precious metal backing, throughout the history of empires, has demonstrated that the paper will become worthless within a half century–we are overdue simply because our great size and wealth has lengthened the moment of inertia, not because we have undergone an economic sea change that has produced a new paradigm. The flight to precious metal has not reached the panic stage yet. Accumulation of precious metals on the dips over the next few years is the only measure that I can recommend with any confidence. All paper currency is suspect, including that of the most promising of the emerging market nations. The expertly informed short term trader will have many opportunities during the market gyrations that will preface widespread currency and market failures over the next half decade, but the average investor ought be hunkered down in precious metal, energy, and basic foodstuff. The daring might allot a minor fraction of their wealth to investment in the largest and most promising of the BRIC
industries.
I’ve never bought stock directly, rather through mutual funds. I was invested in Russell funds which did well for several years until Sept 08. I sold and put 1/2 in cash. The rest I bought income funds being I am retired. I was with AG Edwards which sold my nest egg to Wachicovia Securities and then to Wells Fargo! I bought Franklin income Fund Class A for $100,000. 11/6/08 which cost about $3,500. in broker fees and they went down in value as did the DOW until March. The whole time Franklin paid me $714.85 monthly. My Franklin account is now at $118,379.71, recouping my broker fee. I also bought prefered Credit Suisse @ 7.9% and GE, both paying income quarterly. The GE I sold when I found out they were selling to Iran and Their CEO was Obama’s puppet. I now have Wells Fargo 8% PFD callable with quarterly income instead. I bought gold & silver and will buy more if they fall in the next couple weeks. But the only stock I might buy would be in a gold mine for now.
I made most of my money in real estate. I was lucky. I now only own three properties free and clear.
They are worth 1/2 what they were two years ago but only one is a loss and that is a rental so I can sit on it for now. I am looking at some forclosures that sell to the lowest bid. People still need to rent.
Larry, I know this goes against all that you believe, but once I got on the gold and silver bandwagon (that’s owning phyical gold and silver) I never let up. So we now have our intire investment in the two of them. I just hope your prediction of the future rise in value comes to pass. We will be set for life if it does.
Go East young man - as fast as you can.
the dow has jumped 4000 points since March last year ,60% up. While the GDP growth is less than 3% for the same period. That puts the ecconomy and the stock market wey out of sinc.How on earth can you expect this to continue . Surely this sort of bullishness can not continue.
Hi,Larry.I live in Canada and consider this one of the best foreign markets [to you] as is available today.As I told you earlier I am mostly in mining and energy stocks because of the continuing demand from China and India.And your demand for our oil.On this issue I am with you.Commodities are in a multi-year bull market.
Joe.
Well, I did make about 38% on Tata, got out just in time, it is still falling. I feel like I am playing with monopoly money. Dumped some China stock at a 2ff0% loss. .Am sticking with some solid dividend stocks and interest bearing gauranteed bonds(munis etc..) Am trying to have a ‘comfortable’ retirement….it is scary!
I believe the Asian countries will out perform the USA for quite some time to come. We have lost our industrial base. The only growing industry in the USA is medical. I know nothing about investing in foreign stocks. My heart belongs to the United States of America and I have not ventured into any foreign stocks.
Faye
My picks for 2010, in that order is (1) Silver (2) Platinum (3) Australian Dollar (4) Indian Auto Ancilliary and Sugar Stocks (5) Gold. I believe this is a good investment strategy for 2010.
I join with those who think any money left in the markets will melt away in 2010 at some point. Question is, when. But what to do with our savings. We are one of the baby boomers so there is no time left to lose it and wait for it to come back. Move into cash and you risk the same losses when it is eaten up with inflation, which surely will happen. It is such a helpless feeling sitting here in the mutual funds with my “pittance” of hard saved money and watch it melt away. I want to pull every cent out and spend it on all these things I am going without. Like replace the windows in my house, reside the house, build a garage, put more food in the “larder”, buy new tires for the car. Buy what is needed before the costs are inflated.
All stocks whatsoever will suffer in this crisis which I suppose is at its beginning only. In Europe people think loudly about survival! Survival kits are offered everywhere. This crisis will bring the world to a standstill. When things get clearer, steel and coal seem to be top investments (Brazil, Europe, India, Australia). (companies like Mittal-Arcelor, Thyssen-Krupp etc).
Martin
I believe that the government is trying to make the dollar worthless in order to pay off our debt at a pennies on the dollar. This will hurt the American people, but I am sure the politicians are not concerned about that…other than losing their votes. Don’t listen to what Obama and the politicians say…watch what they do. Vote out Democrats and Republicans or at least all incumbents.
Some interesting stocks to invest in India include ::
1. Glaxo SmithKline Pharmaceuticals 2. Godfrey Phillips India 3. Amtek Auto
4. Simbhaoli Sugar 5. Zensar Technologies 6. Praj Industries
7. Reliance Industries 8. Reliance Infrastructure
It would be unusual for Australiua(ASX) to not follow US (DOW) for more than a couple of days,I made the mistake of believing the “de-couple” theory a few yrs ago to my peril–Australia is a mini US 3-5yrs late (our banks are as bad as yours ,on the taxpayers tit. We are now 100% exposed to the China story(which I hasten to say is positive in the long term (20yrs) but with a few hiccups that will see China own most of our resources and a considerable lower standard of living for our grandchildren,we as the US have virtually no viable manufacturing industry’s left,so when the” stronger for longer ” resource boom crashes ,as they ALWAYS do ,we will be up to our neck in ‘IT”as an economy almost entirely based on resources with zero diversity to speak of we are creeping further out on that proverbial ‘limb’–One thing that sticks in my mind is that the world has conveniently forgot that China is still a communist country—this may be proved to be the financial worlds “INCONVENIENT TRUTH” cheers Tom Harbrow Pine Creek NT Australia
ps The author of the “stronger for longer ” reference to the resource boom sold out about 18 months ago and resigned his chairmans position in a mining company shortly after his famous statement ???
To all you doomsayers: There’s a new cycle of government coming next November that will be more capitalistic in nature than what we’ve seen in years. If some running for office in the house of congress run on a platform that backs the FAIR TAX the stock market will take off. If you don’t know about the FAIR TAX then google it. The FAIR TAX would bring overseas business and investment back, improve our economy, get us out of debt, and do away with the IRS. Many in congress are changing their support for FAIR TAX. It will take amending the 16th amendment which means this will take a while, but just the start of momentum in this direction will boost the market.
My number one indicator is the jobless rate. It was higher than projected. We can’t buy cars if we don’t have a job. I thought about shorting China and Latin America. The big money is already there in shorts. I think retail investors and their brokers may still be in love with them. Not my money.
You indicated it was too early to short. Cash is a better idea for the moment. We must be nimble and if you are long, protect your positions with calls.
jc
All the noise from Washington today just creates a sense of uncertainty. I am a small businessman, in a relatively “economically matured” sector of agriculture, and even if banks were willing to lend money I am uneasy about borrowing any– thus (to the extent this mindset has spread) will this recession drag on as did the Great Depression. Obama is too much like FDR, believing corporate business is our enemy and government stimulus the solution. New ideas= new products= growth industries anywhere in the world– but if they are currently all “green” ideas dependent on tax subsidies, where are we to go as investors? Lots of farm people have lost their savings in ethanol and biodiesel, again, why trust a “new” idea that is government subsidized and politically dependent??
Foreign stocks seem to be the better pick than us stocks at this time. The Asian markets seem to be the way to invest excluding Japan. But I learned all of this from you guys. Just wondering however, are the ticker names for foreign stocks included in the NYSE or how do you invest? Just learning about investing and hope to obtain some information. Thanks Judy
According to most of stock market pundits, we are in a recession, therefore it is advisible to invest in foreing markets. I am not the right person to question their opinions, as I don’t know nothing about this subject, but I know a little bit about patriotism, especially in these days of economic turnmoil.
My question is, aren’t you the wealthy people who must right now lend a hand investing mostly in US companies, instead in foreing ones?
It is said that money has neither borders, nor feelings, nor homeland . Nevertheless, couldn’t it be possible to change, at least for a while, this saying, helping now our country to rebound its economy?
Thank you very much for your information and up-to-date on financial issues. I am learning a lot from you.
Isabel
I believe only tangle asset classes worth anything are: Gold, Silver, Oil, metals of industry, Diamonds.
U.S stocks in U.S. dollars does not make sense right now. Our government is broke, the time is past
midnight. Larry is absolutly right with his recognition of new world currency forth coming. I do like
foreign stocks to some degree, to cherry pick over. In these times, a healty cash balance sheet makes
for better nights of sleep. Maybe we should look at safety for quality dividend producers.
Hi Larry, My wife invested 10k in a international fund with Asian coverage and has lost about 300.00 in one week. Where do we invest now? I dont know…..seems everything is falling apart. I have a metals Ira and have silver Bullion and some Gold Liberties and ST. Gaudens. I also have way too much cash in the Ira doing nothing…..yet nothing seems the best at times. Craig
I am reading your mails, thank you.
I am suspicious about China, India, Bresil, and the obama USSA .. no one is sound politically, nor socially. The world confidence will come back with a sane USA.
Cash, oil and gold, that’s it for me
NOT a good time to buy and hold (most) US stocks. Commodity stocks supplying growing foreign economies are timely now, provided one can maneuver through quarterly reports and trader-injected volatility.
After the recent consistent and substantial drops across all stock markets, I cashed in all my stock holdings, (mostly Far Eastern Funds). I will wait and see how the markets develop over the next few weeks…Cash is King!
I subscribed to Uncommon Wisdom to help me make the right decisions. Honestly - trying to keep track of all the factors involved in determining volatility, profitability, stability, etc. etc. in not just foreign but even domestic corps/funds - it was just way too much for me. I like what you guys at UW are doing - you aren’t just reading the glass ball and speculating - you give us your honest educated opinions and share why and how you came to those conclusions; you’re not pushing the mouse button in your plush NYC penthouse - you’re out there in the thick and thin of it all trekking around and evaluating reality; that’s what I appreciate.
I don’t trust the stock MKT, been burned too many times. I do believe that at some point Natural Gas will become the major energy source fpr the U.S. and most likely Europe also. Rob schmidt
Join in, on what money?? if all goes down we must look ahead to gold to barter with etc live. but who says money is going down?? stock, well that is tricky, maybe in components that they want to use for heating .
or light, we are in a state of confusion , as we are having bad weather all around and we must prepare tor this,
we are on shaky ground. I call. golobal warning God warning, We must all pray even if you do not beleive in God still pary for if all hell brakes loose we will all need that one for a change. We need to listen to the cry of the lord and there are some that get knowledge from the lord for us to do something before it happens. As we do still have a loving God who is the master of all things. and yet will get upset and ager as well.
Market, I think it will go up for perhaps steel and some raw material. and of course gold.
we can think about products that may help us in bad weather destruction to save a home or life.
and for our protection as human life to be saved.
we have hurricane and tornado and water damage and earthquake. floods and on top of it now we have snakes hat are loaded in Fl and not just small ones either, It seem none are doing much about it at all as they wll fester the Indian River. Best to stay close to home and watch out doing so.
sankes have 100 babies at a time,
What did you think of the President speech, I thought he was fabulous, strong minded and forright. and I did for a long time now kept on the trade as I saw it and gave it and knew it. and to tax China was the right things to do I am gifted to see some things and when I do I pyt it forth, how about you? as in China I did ask them to put mfg company in America and employee Americans. and for America to put things in China that they need from us to buy and get it going there as well and to get jobs rolling by putting in company in alll sttes in the union. and each state would have business or mfg company that will suite the employment need so every one can work and not to be out of work at all. we need to put back what other took out. and to replace it even better yet. and we can do it,
I do not think our children toys should not be from China at all. what is wrong with mfg company here in America to make toys for our children . do you agree.
we can do Eng and electronic here we have some of the best school in the world and other come from other country even to come to our schools in Fl even Fit AND Washington all over America are great school so do not be fooled we need to get our own field of electronic and IBM again and other things going strong. and new idea from American as well. we can do it do you think??? I know so.
need to say good-night , if you have anything that you want me to pray for for you or can solve for you and may see it for you then let me know God bless you, JMareyann Galitello
Since taking the stock-pick advise from Rudy Martins “Brazilian Bonanza Stocks”, my Brazilian stock portfolio has lost THOUSANDS of dollars in value. Quote from Mr. Martin: “In my 29-page special report — Brazilian Bonanza Stocks — I’ll give you the specific companies to buy … entry points … dollar amounts to buy … and every other detail you need to maximize your portfolio’s potential in Brazil.
Here are the stocks I purchased:
(ABV) Ambev (Largest Brazilian beverage company)
(BBD) Banco Bradesco (Brazilian private-sector bank)
(CBD) Cia. Brasileira Distr. (Largest Brazilian retailer)
(CIG) Cemig (Brazilian natural gas & electrical company)
(CZZ) Cosan Ltd. (Largest Brazilian ethanol and sugar company)
(EBR) Electors (Brazilian nuclear, hydroelectric & fossil fuel electric power provider)
(ITUB) Itau Unibanco (Brazilian private bank)
(PBR) Petrobras (Brazilian oil, natural gas, petrochemicals and fertilizer producers)
(VALE) Vale S A (Brazilian metals and mining company)
I am very very concerned right now. My BIG question is this: Why are these Brazilian stocks getting hit so hard???? I cannot understand why they are so affected by Wall Street!! According to Rudy Martin, Brazil is booming right now. Looks like I made a huge mistake.
I don’t see much diversion with the foreign markets. The worlds markets seem to go up and down at the same time. Until Asia uncouples from the U.S. I won’t trust their markets anymore than ours. I made some money in stocks in the past six months but am now in cash.
Larry…off topic, so I apologize ahead of time to readers…I hear a lot from you and your crew, as well as others, that Bernanke and the govt want to devalue the dollar via inflation in order to pay back the debt with cheaper dollars (not that it can ever be repaid….). Why would a government that can print money at will, even care about the value of the dollar? It’s not like the govt has to go out and earn them like us working stiffs, or am I missing something? The only scenario I can think of is that inflation would lead to higher salaries and therefore more tax revenues for the govt. But then again…when you have your own printing press….Thanks.
i think india is good to invest at present time no garanti is.. i don’t think gold is good or investment but no loss in the uture if we need gold.
Just got back from Israel and never saw so many sky crane’s in my life. The whole country is covered with new construction and new automobiles. Everywhere you look they are building high rise apartments and offices. Traffic is incredible. In one place alone, I counted ten cranes in the immediate area.
I’m a newbie to any stock investing & am totally confused. I decided to delete/discount all the “advisors” I was getting e-mail from & go totally with your Real Wealth Report for my purchasing
guidance. Have been at it about 3 months now & EVERY single purchase I’ve made on your reco
has lost money. I’m not investing big, so the losses haven’t hurt us, but I’m frightened to keep all our
funds in cash (have already moved over half to small, locally owned banks instead of leaving in big
national chains). I need to learn how/where to put funds to better assure we’re protected in case of
massive bank failures. I know there are no guarantees, but there must be a better way to protect
our assets. HELP!!
foriegn coutries to invest in - Brazil, Canada and Australia
Like Steve Beckle as soon as I bought China and other Asian countries mutual funds they dropped like a rock. Larry, what do the cycle charts show for Asian markets now?
Hi Larry
I have about 10% in gold 7% in gold bullion and the rest in CEF Central Fund of Canada for the rest. (It seems to be the best fund for a taxable account) long term gains are not taxed as collectables as long as you file some paperwork (QEF election) the year you buy. I am planning on buy more every time it goes down 10% from my original purchase price. I don’t mind if my allocation goes up to 20% but I always want a core of 10% minimum
I have a little more then 30% bond etfs
7% wip foreign inflation
About 25% TIP etf
About 3% in international short term treasuries BWZ and every time this retracts I will buy 3% more until I am in 10% total
I also hold 5% in ILF Latin America etf and may rebalance if there is a big correction or I may sell and tax loss harvest and by Vanguard emerging markets etf VWO
The rest is in cash Vanguard treasury only and prime mm
I would love your feed back and any comment about the TIPs etf or anything else that does not look good to you.
Steve