Passport to Profit

The recent creation of stock market infrastructures in emerging economies in particular has opened up possbilities for returns far in excess of domestic returns. Even casual investors are becoming educated about the wisdom of holding international funds and stocks as a hedge against local stock market reversals. Yet the rules for investing abroad are far different from those that apply domestically. This text shows the average person how best to view investing abroad, how to devise a global investment strategy, and the pros and cons of buying individual stocks or mutual funds. There is also an analysis of the current crisis facing Asia, and what the global marketplace of the future will look like.