A couple of days ago, I posted about investments in Eastern Europe and especially focused on EUROX, which had performed extremely well in the past. In reviewing the chart again, I need to point out that there is another important lesson to be learned when looking at the comparison with FEZ and EFA. Here’s the graph again: As you can …
Sunday Musings: How (Not) To Read An Investment Book
I used to feel guilty. There I had bought this new business/investment book I was looking forward to reading when, somewhere half way through, my fascination waned. I then either forced myself to finish it (with regret and lack of interest) or I shelved it and never picked it up again. I believe it was one of my favorite authors, …
Eastern Europe: A Rising Star?
I’ve come across several articles with somewhat different views about the Eastern European emerging markets and how to invest in them. Some of the countries I am talking about are Russia, Poland, Czech Republic, Hungary, Turkey and others. Random Roger, in a recent post, had a cautious warning about a possible crisis in Hungary, Kazakhstan, Russia, Ukraine and Estonia because …
No Load Fund/ETF Tracker updated through 5/31/2007
My latest No Load Fund/ETF Tracker has been posted at:http://www.successful-investment.com/newsletter-archive.phpA new lifetime high for the S&P; 500 and good economic news pushed all major indexes to higher levels. Our Trend Tracking Index (TTI) for domestic funds/ETFs now sits +5.80% above its long-term trend line (red) as the chart below shows:The international index has now moved to +10.42% above its own …
Global Investing: No Asian Persuasion
In my recent post about the potential Chinese bubble, reader Ron responded that stock markets can’t be controlled by governments. While that may be true, government decisions or policy changes, however, can be just as effective in controlling market direction. Such was the case yesterday when the Chinese government announced a tripling of the tax on stock trading to curb …
No Load Fund Investing For Busy People
I referenced articles from fool.com before, but their latest one did not sit well with my kind of thinking. It’s titled “Great Investments for Busy People” and quotes Vanguard founder John Bogle as saying that mutual funds were the finest vehicles for long-term investing ever designed. I can agree with that and realize that his statement was probably made prior …