Saturday, November 12, 2011

4 Country ETFs to Escape Financial Mayhem : Singapore, Norway, Australia, Canada

. 4 Country ETFs to Escape Financial Mayhem : Singapore, Norway, Australia, Canada
. My Pick will be Canada
. Australia although relatively unscathed till now is vulnerable to another slowdown in China
And too dependent on Mining industry .
If commodities prices and demand drop amidst rising cost and 2 new taxes,
Carbon tax and MRRT, Mining is going to be hit hard.
. Singapore is a drop in the world map, relatively ignoring size UT has done well.
But it is like a dinghy in the swelling waves of the ocean.
. Norway, maybe good but it's in a region of Economic Quicksand.
. Leaving Canada, neighbor to the largest economy in the world but financially strong and stable.

. So my pick is Canada !

http://www.reuters.com/article/2011/11/11/us-usa-investing-etfs-idUSTRE7AA4DX20111111

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