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Emerging Markets Are A Disaster: How Differentiate Emerging-Market Investments: Video Presentation
These people give me a headache. The speaker on the video is not an EM investor. He runs an ETF-tracking website. He announces that if you'd invested in the iShares EM ETF (EEM) seven years ago, today you'd have earned "precisely nothing... that's a disaster." Actually, you'd be up 18% (1/27/07-1/27/14). The Vanguard index over the past seven years has actually returned 18.7%, mostly north of "precisely nothing" and not entirely "a disaster."
His solution? Don't invest in a diversified EM fund (more precisely, a diversified EM ETF). Instead, choose a narrow-slice ETF focusing on Chinese consumers, Spain and individual EM nations whose growth is "consumer driven."
Reply to @Ted: Thanks Ted, maybe I shouldn't have deleted my post above. You are much more succinct! A 2.57.................% return per annum. And my idea of a disaster.
Comments
His solution? Don't invest in a diversified EM fund (more precisely, a diversified EM ETF). Instead, choose a narrow-slice ETF focusing on Chinese consumers, Spain and individual EM nations whose growth is "consumer driven."
David
emerging-markets-in-a-new-york-minute
Edit: Deleted my post. I am not quite ready to get banned from further posting by the powers to be that run this fine forum.
Regards,
Ted
P.S. Junkster your very close to being sent here:
https://www.google.com/search?q=gulag&sa=X&tbm=isch&imgil=03nsR55r_oRe0M%3A%3Bhttps%3A%2F%2Fencrypted-tbn0.gstatic.com%2Fimages%3Fq%3Dtbn%3AANd9GcSVSgWOtL8Y0hseBlvZC6se9qMJyEwbtGoI-ttMEvatxjISBkNblQ%3B556%3B425%3BAiB1X6HgsINnHM%3Bhttp%253A%252F%252Fwww.nps.gov%252Fmanz%252Fplanyourvisit%252Fgulag-at-manzanar.htm&source=iu&usg=__gctyAxYO0CqVvTefv4FpmSac8jU=&ei=qAboUqKKGuiE2AWY2oCYAg&ved=0CEUQ9QEwBQ&biw=1600&bih=754#facrc=_&imgdii=_&imgrc=03nsR55r_oRe0M%3A;AiB1X6HgsINnHM;http%3A%2F%2Fwww.nps.gov%2Fmanz%2Fplanyourvisit%2Fimages%2FBelbaltlag--1932.gif;http%3A%2F%2Fwww.nps.gov%2Fmanz%2Fplanyourvisit%2Fgulag-at-manzanar.htm;556;425
Regards,
Ted