Interesting Look at Emerging Markets

If you are sour on the United States real estate market, you will be interested in the finding by the Knowledge@Wharton Real Estate in Emerging Markets Forum.  The forum had good insight into countries like China, Brazil, India and Russia, to name a few.  The consensus from the forum was...look for countries with strong middle-class growth -- say, China or Brazil. Stick mainly to housing and retail. Focus on the long term. And don't attempt to do it without a local partner.

The consensus sounds simple but once you read through the entire article you realize how important it is to have a solid foundation and local partners.  The findings of the forum definitely provide some great insight into investing in foreign countries.  For those without the partners and startup capital it is probably best to take the advice of famed investor Jim Rogers.

When Jim Rogers is asked, What is the ordinary investor supposed to do? 

His Answer...They should only be investing in things they themselves know a lot about. They shouldn't be listening to me or anybody else. If you know a lot about cars or fashion or something you should find great investments in that field. You're know a lot more about it than any Wall Streeter or hedge fund manager, because that's your passion.

No matter what your passion you can find ways to invest in it.  If your passion is beach homes.  You may be interested in purchasing a home for sale in Sea Isle City New Jersey or one of the neighboring towns. 

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