Emerging Markets ETFs: Predictable and Consistent [View article]
Herb Morgan's Seeking Alpha article about not being in Emerging Markets is more a case of a broken clock being right twice a day. The reality is even if you got in FXI, PGJ, EWM, EWS & EWH JUST BEFORE the last downturn in May 2006, you'd STILL be making money now (although a lot less after yesterday's drop). The other 4 are at breakeven. Like Casey Stengel used to say, you can look it up!
Moreover, everything got hit. You could not avoid the fall (US or globally) unless you were totally in cash.
As far as the future, who knows for sure? But we do know the P/E of these ETFs are reasonable, even cheap. And the precipitating factor has apparently been erased (apparently the Chinese government wouldn't impose capital-gains taxes on stocks).
As for PINAKi DASGUPTA's comments, I sure hope you aren't managing anyone's money.
The Great Chinese Depression? [View article]
The US didn't bail out Japan in the 1990s either.
Do you have any supporting statements to your wishful thinking?
Emerging Markets ETFs: Predictable and Consistent [View article]
Emerging Markets ETFs: Predictable and Consistent [View article]
of a broken clock being right twice a day. The reality is even if you got in FXI, PGJ,
EWM, EWS & EWH JUST BEFORE the last downturn in May 2006, you'd STILL be making
money now (although a lot less after yesterday's drop). The other 4 are at breakeven.
Like Casey Stengel used to say, you can look it up!
Moreover, everything got hit. You could not avoid the fall (US or globally) unless you
were totally in cash.
As far as the future, who knows for sure? But we do know the P/E of these ETFs are
reasonable, even cheap. And the precipitating factor has apparently been erased
(apparently the Chinese government wouldn't impose capital-gains taxes on stocks).
As for PINAKi DASGUPTA's comments, I sure hope you aren't managing anyone's money.