If you have any monies left in your IRA or 401's and looking to recoup your losses from this financial melt-down, I suggest that you look at "emerging markets". Do some homework (p/e, debt load, wide moat, etc.) and also use your commonsense about where growth will occur in the future.
Here's a clue: BRIC (Brazil, Russia, India, China). United States companies will come back once the world-wide recession ends but they don't have the growth potential Brazil and India, and especially China have. The US is a matured economy. Opportunities are in the emerging markets.
posted on 06/22/2009 11:43:31 PM PDT
by A Navy Vet
(An Oath is Forever)
To: A Navy Vet
posted on 06/22/2009 11:53:03 PM PDT
(Stop The Power Grabs! We See, We Vote, We Aren't Happy!)
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