March 9, 2011 · 2 comments
in ADRs, ETF(s), FTSE, Latin America, commodities, diversification, emerging markets, energy, foreign investment, frontier markets, gold, international economy, international stock market, metals, mining, portfolio, rare metals, sectors
The Global X Funds Andean 40 ETF was launched barely a month ago and isn’t high yet on many analyst radars (volume is also still low). The Andean 40 (AND) is worth examining for your portfolio because Peru, Chile and Colombia are some of the fastest growing economies in South America, whereas by now everyone [...]
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January 26, 2011
in Africa, BRIC, Middle East, consumers, diversification, emerging markets, foreign investment, frontier markets, international economy, international stock market, investing, market reports, opportunity, resources, risk, wealthbuilding, world order
Don’t freak out at the phrase “new world order:” this isn’t about conspiracy. The fact is that 2011 is likely to be the year that China most definitively transitions to first place as the world’s foremost economic power. And with China’s economic ascendancy, so follows the economic rise of China’s key trading partners, many of [...]
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January 24, 2011 · 2 comments
in Asia, BRIC, China, RMB, USD, banks, currencies, diversification, financial planning, foreign investment, hedging, inflation, investing, living in US, market trends, money management, risk, savings, wealth protection, wealth transfer
Readers have recently been asking where you can open a Chinese Yuan savings account. As I wrote in a previous post, Chinese Yuan savings accounts for Americans are available at the Bank of China (only in New York and Los Angeles so far).
In that previous post, I outlined the basic steps you need to know [...]
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January 22, 2011 · 7 comments
in Asia, BRIC, China, RMB, USD, banks, diversification, international economy, money management, preparedness, savings, wealth protection, world reserve currency
It’s easy to open a yuan-denominated bank account with the Bank of China if you’re willing to travel to New York City or Los Angeles – two locations where the Bank of China will do this.
Investors are increasingly interested in diversifying away from the U.S. dollar (USD) and into alternative currencies. You don’t have to [...]
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November 15, 2010 · 4 comments
in DIY, bubble, capitalism, central banks, collapse, consumers, debt, decisions, depression, discipline, diversification, economy, emergencies, emergency fund, financial planning, forecasts, inflation, international economy, money management, preparedness, risk, survival, sustainability, wealth protection
The fact of the matter is that at the end of the day not even the economists fully foresee or even understand (let alone agree on what they do understand) the full implications and progression of the state of the current world financial system.
Another fact is obvious: the global financial system is so interconnected and [...]
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October 10, 2010
in Asia, BRIC, China, Federal Reserve, Q4, US debt, US economy, USD, collapse, currencies, diversification, emerging markets, exchange rates, forecasts, foreign investment, forex, indicators, international economy, market trends, news and updates, world order, world reserve currency
Bank of America has decided it will halt all foreclosures in all 50 states going forward. This means, apparently, millions of folks will be living in homes without paying for it – which means at least temporary losses for banks. (Don’t get me wrong, it is a good thing for families who can find no [...]
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September 27, 2010 · 5 comments
in ADRs, Africa, BRIC, agriculture, commodities, diversification, emerging markets, foreign investment, frontier markets, international stock market, market trends, mining
Remember, Africa’s not a country, it’s a continent. So you can’t directly compare it to “investing in Brazil” or Russia or some other emerging market.
But recent reporting has revealed that some managers are looking past the traditional emerging markets anyway – citing the lack of high-yield opportunies – and have turned their attention to the [...]
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