Watch this episode here.
ACTION POINT
CONSIDER A DIVERSIFIED APPROACH TO INVESTING IN EMERGING MARKETS
Morningstar recommends: For a more passive approach- Vanguard Emerging Markets ETF (VWO) VWO data by YCharts For a more active approach- American Funds New World Fund (NEWFX) Watch this episode here.
CONSIDER INVESTING IN “COMPOUNDERS”
“COMPOUNDERS” Dominant global businesses Skilled at reinvesting capital Margin of safety Some “compounders” in the FPA Crescent Fund: AON (AON), WPP (WPPGY), Unilever (UNLYF) AON data by YCharts Watch this episode here.
AVOID THE UNDERPERFORMANCE TRAP!
Choose funds based on management, culture, long-term track records, and match their risk profile with your tolerance level…AND STICK WITH THEM! Watch this episode here.
THINK LIKE A CONTRARIAN AND SELECTIVELY INVEST AGAINST THE CROWD
Wintergreen Fund (WGRNX) First Eagle Global Fund (SGENX) Watch this Episode
CONSIDER INVESTING IN REITS THROUGH A TRADITIONAL REIT INDEX FUND
Morningstar recommends: Vanguard REIT Index ETF (VNQ) VNQ data by YCharts Morningstar also recommends holding REITs in a tax deferred account, such as a 401k, because their dividends are taxed as regular income. Watch This Episode