N.B. I am not a financial advisor

Most financial advisors are little more than leeches, telling you whatever they think you want to hear so they can earn their commissions. Learn to invest for yourself. You can do it. Hopefully this blog will contribute to that a little bit.

Wednesday, January 5, 2011

Global investing trap: Economic growth as red herring

First of a three-part series on misconceptions about international investing.

It seems a simple proposition: If you had a choice between investing in a country with an economy that promises rapid growth, or investing in one with flat or stagnant growth—such as the two economies depicted in the chart showing gross domestic product (GDP) growth —which would you choose?

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