Should I be buying lots of foreign ETFs/CEFs now?

S

SoyUnGanador

With the dollar doing so well, I've been slowly picking up some foreign ETFs/CEFs. Like GF. IFN. EWZ. A few more. I was thinking of ramping up my purchases some more. Take advantage of the "out of favor" foreign equities to get in at the cheap.

But I thought I'd ask you guys for your thoughts first, you rarely steer me wrong!

Thanks!!!
 
Your question is too generalized.
Which foreign countries are you talking about?

China? India? Germany? Brazil? Vietnam? UK? Dubai? ...

India market is probably the best performer.
It keeps on breaking record highs.
But you don't hear such news from the professional writers / talkers.
 
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maxinger said:
Your question is too generalized.
Which foreign countries are you talking about?

China? India? Germany? Brazil? Vietnam? UK? Dubai? ...
More...


All of them, at least potentially, that they have CEFs/ETFs on. If the answer is "yes you should be snapping them up generally", I want to know about it. If the answer is "yes, but you should be focusing on ones for certain countries and not other countries", I want to know about it. If the answer is "don't touch them now because the dollar likely has even further to run" I want to know about it.
 
Yes, and yes. Look at the historical ratio of S&P 500 / MSCI Emerging Markets. Mean reversion is one of the most powerful dynamics in markets, but you have to be willing to take some pain in the short term. I think CEFs are the better play since there's still a lot of large discounts due to year end tax loss selling in December. For ETFs, I like DEM personally.
 

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India seems to be moving. The rest should be responding to your own Market Timing model, Mr Market Whisperer.
Where the U.S. is going, and to a lesser extent China, so will the rest go.
Time to get your Market Whispering on again Soy.
 
SoyUnGanador said:
With the dollar doing so well, I've been slowly picking up some foreign ETFs/CEFs. Like GF. IFN. EWZ. A few more. I was thinking of ramping up my purchases some more. Take advantage of the "out of favor" foreign equities to get in at the cheap.

But I thought I'd ask you guys for your thoughts first, you rarely steer me wrong!

Thanks!!!
More...
%%
EWZ has had some good moves this year+ glad i got some profit off that sector,2022
BUT 3-5 years\ EWZ % is a real good underperformer compared to SPY.
EWZ is also a real good underperformer compared to VALE:D:D Year to date, 3 years, 5 years.
But if you like cheap stuff that gets cheaper\ EWZ went to $17 + $5 area in past bear markets:caution:
 
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