MAKE SOME INVESTMENTS OUTSIDE OF THE COUNTRY All Investors Tend to Have a Home Country Bias U.S. Has Been the Place to Invest for the Last Decade Its Late in the Economic and Market Cycle for U.S. Early in Cycle for Some Countries, Particularly in the Emerging Markets Some Countries Experiencing Economic Turnarounds and Political […]
ACTION POINT
LATIN AMERICA ECONOMIC EXTREMES
CONSIDER PUTTING A SMALL AMOUNT OF YOUR EMERGING MARKETS ALLOCATION INTO AN ESTABLISHED LATIN AMERICAN FUND. LATIN AMERICA ECONOMIC EXTREMES FAILURES: Venezuela’s economic collapse SUCCESSES: Open market economies: – Chile – Colombia – Peru POTENTIAL TURNAROUND Brazil- attempting serious pension reform ESTABLISHED LATIN AMERICAN STOCK FUND T. Rowe Price Latin American fund (PRLAX) – Bronze […]
MAKE SURE YOU HAVE SOME DEFENSIVE HOLDINGS IN YOUR PORTFOLIO
MAKE SURE YOU HAVE SOME DEFENSIVE HOLDINGS IN YOUR PORTFOLIO Ward’s Choices: Counter-cyclical stocks like utilities and cell tower companies Individual Investors’ Choices: Defensive non-stock assets like cash, Treasury bonds, gold … Watch the related WEALTHTRACK episode.
HAVE FAITH IN THE RESILIENCE OF THE U.S. ECONOMY
HAVE FAITH IN THE RESILIENCE OF THE U.S. ECONOMY Contractions are caused by: Excesses in important sectors of the economy Overheating and “irrational exuberance” Prices and inflation spike Federal Reserve tightens monetary policy Watch the related WEALTHTRACK episode.
READ: “SOCIAL VALUE INVESTING: A MANAGEMENT FRAMEWORK…”
Check out: Social Value Investing: A Management Framework for Effective Partnerships By Howard Warren Buffett and William Eimicke Public, private, philanthropic partnerships can work Neither sector can solve global challenges by themselves Working together can be more effective in addressing big issues such as inequality, climate change, affordable house, healthcare & food insecurity Buffett & […]
READ OR REREAD BUFFETT
Read or reread Buffett: The Making of an American Capitalist fascinating & detailed portrait experiences that shaped him obsession with making money evolution of investment approach from Benjamin Graham classes Watch the related WEALTHTRACK episode.