The Dow and the S&P 500 are hovering in lofty new-high territory these days. While the major indices basically have done so via a slow grind toward the top this year, it has been a different story for stocks in the emerging markets.
Far from a slow-and-steady grind higher in 2014, emerging markets have seen a tumultuous ride that’s taken them nearly all the way down to their August 2013 low, and then back up to nearly their 52-week high.
The chart here of the iShares Emerging Markets (EEM) tells the tale of a market segment that’s risen from the ashes like a Phoenix, particularly since the March lows.
This trend is even more pronounced in the price action of individual emerging market countries such as Brazil. The chart here of the iShares Brazil (EWZ) shows the stunning move higher in the fund since mid-March, a move that’s sent EWZ up more than 25% in about eight weeks.
I think that if you’re looking for a place to really ride the momentum higher, emerging markets are hands down a better option for you than domestic stocks like those in the S&P 500. In fact, I am so confident in this assessment that many of the funds I currently recommend in my newly re-designed Successful ETF Investing advisory service are pegged to emerging markets.
If you want to climb on the back of the emerging market Phoenix and let it take your portfolio to new heights, then check out Successful ETF Investing today.
On Loving Your Work
“I hate weekends because there is no stock market.”
–Rene Rivkin
For the record, I don’t hate weekends; however, I do love my work, and my work is helping investors successfully navigate the financial markets. The way I see it, in order to get things done for others, you have to be the type of person that loves the doing. That’s why I can absolutely relate to the wise remarks here by Rivkin, even if I would rather be surfing on the weekends then trading stocks.
Wisdom about money, investing and life can be found anywhere. If you have a good quote you’d like me to share with your fellow Making Money Alert readers, send it to me, along with any comments, questions and suggestions you have about my audio podcast, newsletters, seminars or anything else. Ask Doug.
In case you missed it, I encourage you to read my Making Money Alert article from last week about the Top 10 ETFs of 2014. I also invite you to comment in the space provided below.
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