Thursday, April 07, 2005

Emerging-market investors start to fret

Emerging-market investors start to fret

It has been a few months since I encouraged my readers to get out of emerging growth funds. Several readers pulled money out of emerging growth and moved into the S&P index funds--a good move. The big benefit is yet to come. The strengthening of the dollar is going will add to the US market total returns for foreign investors. The worm appears to have finally turned. Big cap value stocks should do well over the next several years.

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