Bill Belew has raised 2 bi-cultural kids, now 34 and 30. And he and his wife are now parenting a 3rd, Mia, who is 8.
There are four countries that are driving the global growth of stock markets. Three of them are in Asia – China, Russia and India. The fourth is Brazil (it’s not in Asia. But, then you knew that, right?)
According to the IMG these four countries account for 30% of growth. That’s a lot out of four countries.
Even Warren Buffett is beginning to invest OUTSIDE of the US.
Later this year, Industrial & Commerical Bank of China will go public and is expected to fetch a whole lot of capital. Goldman Sachs has already coughed up $2.58 Billion.
So, how can a dummy like me get in on this action?
In June, there is a Summit on investing in China and India. I will be there to cover it and to learn.
But then, I reckon so might a bunch of other US institutions. I read recently that US non-financial companies now hold a record $1.5 Trillion…that’s a T, mind you, in cash. If they start investing, I’m cooked. My holdings don’t start with a B or an M…more like a H..
How about you? Are you planning on getting in on the action in Asia?
Why or why not?