pick 3 emerging contries to invest in
 

china, india, and ?
or has china run up too much

Re: pick 3 emerging contries to invest in
 

Vietnam baby.

Re: pick 3 emerging contries to invest in
 

Seems like there is a lot of consensus that India is overvalued now.

For longer term investing, I like the fact that Mexico, Brazil, & South Korea seem to have good prospects for long term stability (strong democracies, generally happy peoples, etc.) and don't seem super reliant on strong commodity prices.

But I have no idea where to invest, just that I'd start by looking at those 3 countries.

Re: pick 3 emerging contries to invest in
 

korea baby

although, i know that a lot of korean companies have somewhat corrupt mgmt, they are pretty good for growth in the tech sector i suppose

Re: pick 3 emerging contries to invest in
 

[ QUOTE ]
i know that a lot of korean companies have somewhat corrupt mgmt

[/ QUOTE ]

Corrupt how?

Like giving jobs to their kids in return for contracts and large "gifts" are standard MO in asia.

Re: pick 3 emerging contries to invest in
 

For the very long haul China, India, and Brazil.

Re: pick 3 emerging contries to invest in
 

I'm in China, Brazil, and Singapore.

Re: pick 3 emerging contries to invest in
 

My amateur armchair analysis:

South Korean management worked well during the rougher industialisation it underwent in the 60s - 80s. It's management style favours process over results which is a huge hurdle to continued efficient growth. The banking crisis in 1997 culled some of the more bizarre practices but while Korea does well at copying technology and making it more marketable, at some point stale management will prove to be a limiting factor.

I think everything Korea can make, China can/will make cheaper, and eventually to a similar quality. Korea has no natural resources and is very reliant on US exports. These will slow if current trends in the US persist.

Having said this, I believe the 19th century belonged to the British and its Empire, the 20th century was America's and the 21st century will belong to Asia.

China and India are well placed to whether any future US meltdown due to their huge middle class, (which are both larger than the US') with China's middle class especially which has been subsidising The US consumer's consumption orgy for some time now. Once/if they stop that subsidy, I think their middle class will provide sufficient demand for their own products - maybe like the US consumers made Detroit the industrial powerhouse it once was despite foreigner countries disliking US-made cars.

Everything above is probably bollox. Just follow the long-term trends and you'll be fine. They are: China, India, Pacific basin (ex-Japan), and Latin America.

I think Africa will also have its day in the not too distant future.

Re: pick 3 emerging contries to invest in
 

Russia
China
Brazil
Mexico

all worth it

Re: pick 3 emerging contries to invest in
 

Vietnam is going to make some huge gains, although I don't know how to invest in it.

http://www.skyscrapercity.com/forumdisplay.php?f=588

Re: pick 3 emerging contries to invest in
 

find companies in those countries you like that trade on the american exchanges and buy those. that way you at least get some sort of a fairish deal on accounting practices. otherwise you just get screwed until the country becomes legit.

Re: pick 3 emerging contries to invest in
 

[ QUOTE ]
Vietnam is going to make some huge gains, although I don't know how to invest in it.

http://www.skyscrapercity.com/forumdisplay.php?f=588

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I'm pretty sure that there's a closed end Vietnam fund you can buy. Anyway, I think we're all making this a little more complicated then it has to be since buying an emerging market mutual fund or ETF is a pretty easy thing to do and then you don't have to worry about making a mistake as far as picking particular countries to invest in.

Re: pick 3 emerging contries to invest in
 

COSTA RICA
PANAMA
CANADA

Re: pick 3 emerging contries to invest in
 

[ QUOTE ]
[ QUOTE ]
Vietnam is going to make some huge gains, although I don't know how to invest in it.

http://www.skyscrapercity.com/forumdisplay.php?f=588

[/ QUOTE ]

I'm pretty sure that there's a closed end Vietnam fund you can buy. Anyway, I think we're all making this a little more complicated then it has to be since buying an emerging market mutual fund or ETF is a pretty easy thing to do and then you don't have to worry about making a mistake as far as picking particular countries to invest in.

[/ QUOTE ]

Well, after some research it looks like the Vietnamese closed-end funds sell on the London or Dublin exchanges so it doesn't look like it would be easy for US investors to buy into them.

Re: pick 3 emerging contries to invest in
 

BRIC - http://en.wikipedia.org/wiki/BRIC

Brazil, Russia, India, China.

Re: pick 3 emerging contries to invest in
 

I've read about the industry revolution; I've read about booming economies. But living in the US, I don't have the opportunity to witness such changes. When I visited Vietnam last summer, I literally see a growing economy in front of me [this only applies for Ho Chi Minh City since I didn't visit other big cities].

The country is growing at a rapid rate; even the villages are starting to get more technologically. VN has a surplus of workers sitting around doing nothing and just can't wait to find a job any at manufacturing company. Wall Street obviously doesn't know this because they don't live in the villages.

Despite the booming economy, I would be very cautious when investing in VN. I don't know if the government officials are legit but you can say that about any country. The volatile of its stock market is crazy and although there are some great businesses [natural monopolies], I wouldn't feel comfortable reading its financial statements because these people can make Enron looks like the kiddie game down the street.

Nevertheless, I hope VN continues to grow because Thailand is raping us and I would like this to stop haha.

Re: pick 3 emerging contries to invest in
 

brazil is my number one pick. up 30%ytd and up 50%ytd adjusted for the fx exposure. they just continue to keep on rocking down there.

vietnam had a sick year in 2006 (up over 100%), but for 2007 i think theyre in the single digit returns. what scares me most is they total market cap on the ENTIRE exchange is just $3bio with around 50 companies listed...and TWO of those companies account for HALF of the market cap of the entire exchange!!!! but if youre interested, there is a fund that trades in london that tracks the vietnam exchange.

im starting to hunt around eastern europe right now.... im looking at serbia and the ukraine right now and they seem EXTREMELY interesting....just have to find a way to invest in them.

everyone is touting the middle east but theres just toooooo much political instability there for my liking.

Re: pick 3 emerging contries to invest in
 

I'm not suggesting you do this with your own money, but my emerging markets allocation is in China, China, and China.

Re: pick 3 emerging contries to invest in
 

Brazil, Russia, India, China.

Re: pick 3 emerging contries to invest in
 

Iran, after we bomb them into oblivion there will be many new opportunities.

Jimbo

Re: pick 3 emerging contries to invest in
 

Turkey. However, their market has been up tremendously over the last few years. Standard for most emerging markets recently though.

Re: pick 3 emerging contries to invest in
 

Korea seems strange to me. Watching Hyundai's inventory of unsold vehicles skyrocket to probably 100k while they're building a new factory in the US seems bizarre to say the least.

I like:

Panama and Costa Rica for Latin America (zomg I agree with fishhead)

In Europe I'm going with Estonia

In Africa I'm picking Nigeria all the way; it's government is intent on limiting corruption and making Lagos ever more the business capital of Africa. The Dutch Disease with their oil hardly matters here since wages are nearly zero. Senegal looks good too.

Based on what I know of the auto industry, for India I'd rather back American FDI into India than India's pathetic attempts at entering the US. I see a consumer economy finally emerging in India over the next decade, so I'd invest in the first world multinationals that are ready to step in.

Emerging business pick: Shoprite

Re: pick 3 emerging contries to invest in
 

[ QUOTE ]
Iran, after we bomb them into oblivion there will be many new opportunities.

Jimbo

[/ QUOTE ]


perhaps, but you wont have any money to invest since oil will be at $200/barell and every country in the world will be in a major depression.

Re: pick 3 emerging contries to invest in
 

wow lots of good responses, the next q is should i go with etf's(taking a stock/bond class that recommends etfs) or adr's(my smith barney broker said he likes these better)

i always go with individual stocks when i trade in the u.s. but im thinking an etf might be better in emerging markets

Re: pick 3 emerging contries to invest in
 

Really interesting thread.

I am a on/off 2plus2 lurker but thought i would add my thoughts to this one.

I work in UK and European real estate constantly looking at emerging markets. For me much of Europe is finished, including Russia and there is no appropriate risk - return profile at the moment. Always some markets are going to be interesting, for example i am looking at Serbia and Bosnia at the moment but the only market that has me slightly intrigued is Turkey because of its size, the size of Istanbul and the retail environment there.

The 4 buzzwords when you hear emerging are Bazil, Russia, India and China but they have been buzzwords for so long now that i think most the growth has happened - certainly in China and India which i know a little about.

A couple of people have mentioned Vietnam and from a real estate point of view i think this is inetersting though i have only had a few meetings and am at the early stages of the process.

Panama is definitelty a good shout - Guys i know from the UK are doing the biggest development ever out there at the moment - real gateway that country.

My thoughts are all based on real estate which is my field -what do others think from a real estate point of view.

Also - the truth is there are niche opportunities in every market eventhe most mature markets. They are harder to spot and more competitive, but more than likely the risk-return correlation is appealing

Re: pick 3 emerging contries to invest in
 

..

Re: pick 3 emerging contries to invest in
 

[ QUOTE ]
I'm not suggesting you do this with your own money, but my emerging markets allocation is in China, China, and China.

[/ QUOTE ]

Yep, BIDU, STP, SNDA, keep shipping me monies!!!