Factors Affecting Asian Economies - 15 years
It is hard enough when you don’t know the language or the culture or perhaps have never been to Asia and must rely on someone else to make your investment calls for you, but its even worse when things are way out of your control
Asia has seen some affects on their economies over the past four years that could not have been predicted.
Here are four of them.
1. 1992 - The sudden "Emerging Asia" bubble.
2. 1997 - The currency crisis.
3. 2000 - Global Recession
and…
4. 2001 - SARS.
At a recent Asia investment seminar that I attended the overwhelming number one suggestion for anyone interested in investing in Asia was -
1. Get on a plane and make the trip.
How can an investor understand currency exchange, sudden growth and the affects of a disease - beyond intellectually - on a region unless they have been there?
What do you think?
I must say that I agree with you. Experience is still the best teacher and unless investors take the risk of going in Asia, they would really know what they have to gain and what they have to lose.
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