The Case for International Investments
Source: http://briskycapital.blogspot.com/2009/03/case-for-international-investments.htmlPosted on Wednesday, March 25th, 2009 | In Energy Markets, Market Commentary
Brett Arends of the Wall Street Journal has an interesting piece out today called a href=”http://online.wsj.com/article/SB123793017620130403.html”span style=”font-style: italic;”Ten Reasons to Invest in Global Funds/span/a. Here are a couple of points I found compelling.br /br /blockquote1. You have plenty of exposure to the U.S. economy already. You work here. You may own a home here. And so, in most cases, do most of your friends and family. You hardly need to double down./blockquotebr /br /That’s a good point. We don’t realize it, but we’re all exposed greatly to the U.S. economy. We don’t need to plow all of our additional investments into it as well.br /br /blockquote4. The U.S. stock market is the biggest and best-known market in the world. Thus, it is more likely to be overvalued than foreign markets. That’s bad news for investors. Right now, according to FactSet, the domestic market trades on 1.7 times book value. The rest of the world: 1.1 times./blockquotebr /br /Not only is the U.S. market most likely to be overvalued, it is the most scrutinized and analyzed. In international and emerging markets, companies and sectors don’t catch as much attention as those here. This allows for more inefficiencies in how the market prices things, which can work to your advantage.br /br /To me, one of the largest reasons to invest globally is it’s easier than ever. There have always been compelling reasons to invest in other countries, but in the past, it has been difficult for the average investor. Now there are hundreds of ETF’s, and many more international stocks are getting issued here as well.br /br /I’m a believer in this thesis, and I have a large portion of my personal investment dollars in international investments.div class=”blogger-post-footer”img width=’1′ height=’1′ src=’http://res1.blogblog.com/tracker/819581243324579563-4459833668702266917?l=briskycapital.blogspot.com’//div
Last 5 posts by Michael E. Brisky
- More of the Same - November 11th, 2009
- Picked up Some RHIE - November 10th, 2009
- Loews Still Attractive - November 9th, 2009
- Tii Network Technologies Reports - November 9th, 2009
- Not So Fast, Bears... - November 9th, 2009
Brett Arends, Energy Markets, FULL, Market Commentary, michael brisky, The Wall Street Journal, United States, Wall Street Journal
 About Michael E. Brisky (http://briskycapital.blogspot.com)
Welcome to "In the Know." Here I discuss macro trends in the market, and how I think investors can profit from them. I particularly follow energy stocks and other beneficiaries of secular growth. My investing style would best be described as a hybrid. A hybrid of value and growth; of fundamental and technical analysis. I think you have to be flexible to be a successful investor, but also disciplined. |
No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.