donzelion

Does the Dollar's Demise Affect Dividend Growth?

"China has a long way to go in demonstrating trust among its own people first and then among the League of Nations."

Once China moves away from "three books accounting" (one book for management, another for auditors, and a third for government), then perhaps they'll start putting together companies with some level of reliability. As is, folks who think AIG or U.S. banks were a little off with their numbers and bonuses would be aghast at practices in many hot Chinese equities.

However, bear in mind that the Euro represents a bigger market than the U.S. If they can keep their currency together during the first serious test.

Still, your conclusion is perfectly sound: "Invest in dividend growth companies that have a notable presence in all markets." Whether Exxon Mobil or BP prospers (both are global), a dividend investor will do fine. The one extension/caveat: if one wishes to diversify with global dividend payers, watch out for unusual taxes (esp. for India) and currency effects that can help or hurt (e.g., Brazil). I like diversifying for the benefits of currency protection (if the dollar is displaced, foreign dividend payers should pay out more).