Foreign Markets Question
Trading was halted in Russian markets today - should we stay away from the BRIC countries for now?
Asked by TBone in
Foreign Markets
one month ago
Best Answer
2641 points
MNSL answered one month ago …
I do not think so. There are long term opportunities in these markets.
If you have sold your stocks in advance this is the time to buy again. These markets were in bubble stage sometimes back. Now it has become attractive and we must invest only in undervalued stocks with real growth.
Some sectors will outperform other sectors in these markets:
Sectors to avoid in these markets:
Telecom sector
Commodity and property sector including forest sector
Alternative energy sector
Technology sector
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