I just bought some Vanguard Emerging Market Index for my Roth IRA
Pretty sure we're on our way to a China-US economic cold war, but other than that, feeling pretty good about it!pic.twitter.com/T1KAkHYCSl
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I think of Disney and Starbucks as emerging markets plays. Emerging markets are tough because the accounting standards and regulation are even worse than the USA.
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$DIS as the single best emerging markets play. As long as they give a piece of the pie to corrupt governments seems they can play their movies everywhere. They also have incredibly good marketing out in Thailand. Long term, I expect a Disney Land in most countries. -
I think that’s clever. Minor point but India and China may restrict entry (Disney is American brainwashing) as they’re bigger.
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