One of my readers suggested Taiwan makes sense as an investment destination, and I agree. He notes that Jim Rogers, the commodities trader who set up the Quantum Fund with George Soros was also investing in Taiwan. The positives for Taiwan are:
1. The ability of foreigners to invest in Taiwanese stocks - within limits that are unlikely to affect you, and there is the CFD opportunity as well.
2. The investment exposure to China
3. Tiger economy
4. The positive prospects of Taiwan and China cooperation
If you want to see there blogs, I refer you to
Taiwan blog and Jim Roger's
blog. I also like the Philippines northern coast, which has witnessed an increase in Chinese (HK, Taiwanese, Singapore, China) investment in property (resorts, hotels) in recent years. There is now an international airport at Laoag. Check out our property
report or our property
blog.
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Andrew Sheldon
www.sheldonthinks.com
Investment Strategy
If you are investing for the long term, you still need an investment strategy. Dont be fooled by the rhetoric of fund managers. The reason they advise you to 'buy & hold' is because they dont want to compete with you in sell-offs. Markets and industrial sectors are cyclical, so they demand trading to get the best returns. Fund managers actually cant hope to match the performance of small investors (if you are half good) because they have to manage huge amounts of funds and charge you a fee besides.
MY ADVICE is (i) look at a range of market indices and decide upon what level of correction would give you the justification you need to get in & out of the market. It might be a 5-10% retracement or a break of trend. (ii) Diversify if you dont have an intimate knowledge of the company or management. More than 30% in one company is aggressive.
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