• djsoren19@lemmy.blahaj.zone
    link
    fedilink
    English
    arrow-up
    20
    arrow-down
    2
    ·
    2 days ago

    “Emerging markets”. SA, China and SEA have given me pretty consistent returns over the years, and are better insulated from Western crashes.

    • BarbedDentalFloss@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      7
      arrow-down
      3
      ·
      2 days ago

      Sure but I don’t exactly trust moving my money out of the country into a jurisdiction that might outright steal it or where it could be impounded by the US administration if I ever tried to bring it back. Otherwise I’m game for trying to invest in Chinese and Korean markets.

      • Treczoks@lemmy.world
        link
        fedilink
        English
        arrow-up
        2
        ·
        3 hours ago

        Sure but I don’t exactly trust moving my money out of the country into a jurisdiction that might outright steal it

        With the current government, would you really put it past them to do the very same?

        They might not just take it, but if the US economy crashes, the ultra rich will survive, but your savings will be gone.

      • shawn1122@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        2
        ·
        edit-2
        8 hours ago

        Buy an ETF that’s adequately diversified in emerging market corporations and you’ll be fine. Many of these are heavier on Chinese stocks if that makes you feel better.

        Even VWO as another user has mentioned is mostly Chinese. The Indian exposure is to Reliance, ICICI and HDFC bank which are large cap, stable institutions that have existed for decades and do business with global partners.

        I’m sure most here know this but with stocks / ETFs its all about diversity. I invested in a Chinese stock (BYD) this year right before they started a price war and allegations came out that they were cooking their books. They’re still way behind on paying their suppliers. So that hasn’t been particularly pleasant for my portfolio.

      • djsoren19@lemmy.blahaj.zone
        link
        fedilink
        English
        arrow-up
        18
        ·
        edit-2
        2 days ago

        yeah I would recommend actually look into emerging market funds lol, there’s absolutely no chance of any of that happening. most of the funds I’m in are managed by Western companies