Updated almost 16 years ago on . Most recent reply
Global REI Diversification
In my Finance undergrad, one of the most basic and widely accepted principles is that of diversification. With talk of a devaluing dollar, and the realization that the world today is increasingly global, I wanted to start a thread on REI diversification.
Now, for most of us it is not feasible to buy property Cambodia or India, for example. So I want to narrow the discussion to what is feasible for the average REI investor here on BP. I know that some investors are hesitant to even cross state lines, so for some this is a topic beyond their expertise and comfort level in investing.
What initially brought this topic to mind was Canada, a country with great demographics, fiscal and monetary policy, a stable country that holds a budget surplus (last time i checked), and is growing. But I also just had a friend return from living for a year in Chile, who has given me some insight on that area. Canada for example, seems to offer only very low CAP rights as the country is so conservative in its finances on appreciation of RE.
Given the dollar devaluation, uncertainty of the future of America, and the fact that we can't be the superpower forever has led me to inquire about other countries that are ripe for investment.
I think investment in america is great, there are foreigners from other places trying to invest here, i know. but if you hold a good investment portflio here in America it may be wise to diversify a bit. Canada comes to mind, maybe Europe, or even Mexico, among others. thoughts and suggestions on the topic, or perhaps some of you have had similar thoughts and invested accordingly?