The Ukraine crisis seems to be dragging down BRIC funds, which I've said in another thread I think are incorrectly called "emerging markets".... The Ukraine might be an emerging market, but Russia, India, Brazil, and China I think it's safe to say have emerged. But, fear is dragging down BRICs and as a result true emerging markets.
Is it a time to buy?
How are you playing the global game these days?
Well, that's a more efficient way to lose money than buying CD's.
Makes it handy when I want to take a bubble bath and fan myself with it while I drink shampagnee.
I've been looking at european energy producers. But honestly, it just seems predatory, and prices are already high.
I've been investing (successfully) for a long time now. I guess the question you've got to ask yourself is "What do I know that thousands of others in the same market don't know?' If you've got some special insights, the odds are you'll be successful-- If you don't, sooner or later you'll loose money.
Oh, and I also noticed that the Russian markets have stabilized today.
Good luck on your investing, John
You need that inside knowledge to make MAD money, but to make respectable money you need to be just a shade smarter than the average bear (pun intended), and be just a step ahead of the market.
Russia's markets did indeed stabilize, since Crimea in fact has very little pull on the Ukraine or Russian economy SHORT TERM. Mess with Ukrainian wheat production and that's a different story, but that story won't play out on the little spit of land that is Crimea.
BUT, a little drama-queen action DID drag down BRIC ETFs, so I think whenever the drama market is selling "Is this the start of a new cold war?" type headlines, it's a buying opportunity
A few quick thoughts...
- Brazil is looking like the best of the bunch right now. Lots of good growth and development going on there.
- We have been steering clear of Russia for the last few years. The government-level corruption there makes the environment too risky. My man read a news article about an electric company that went under because the CEO was jailed on trumped-up/falsified charges. The company that replaced it was run by a friend of Putin.
- India has very high inflation.
- China's economy has been cooling down. Some are saying that this is a healthy form of correction, and represents a stabilizing trend. So there are probably good investment opportunities there.
My personal thinking is to invest in BRIC funds rather than individual issues. Oh...and watch the performance like a hawk.
Russia and China are notoriously corrupt. I wouldn't dare. I know little about the Brazilian market. India, maybe, if it's deregulated enough.
But I'd feel much safer with the US, EU, and the Pacific Rim.
I am Brazilian, although I have read somethings about personal finances and investments, I don't know how to invest in government funds, titles or things alike.
As for BRICs, I don't like this term. For me, it means nothing, and I have read once about it.
If you ask me, as a Brazilian, what I feel that I share with Chinese, Russian, India, well, "not much". I rarely see anything on the news here about our goverment working together with these counterparts.
Taking China, for example, well, for me it ruins us more than help us. I really think that we should be more protectionists on this matter. Many areas of industry had losses due to importations from China instead producing things here, such as shoes, toys etc.
If you are interested in invest your money in any of the BRICs, I think that it is more wise to study each of these markets separately.
It's not a term, really. It refers specifically to a set of managed funds which incorporate elements from those 4 countries. There are also MINT funds (mexico, indonesia, nigeria, turkey), and CIVETS funds (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa)
They don't really take a lot of things into account, aside from a fund managers vague ideas of growth potential.
I tend to agree with you though. Separate market investing makes more sense to me. And so far most of the BRIC and MINT funds have faired pretty poorly against other diversified funds.