Russia Or China

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Reub
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Russia Or China

Post by Reub »

Being that the Chinese markets were up 50% in 2014 while the Ruskies were down about the same which is the better investment going into a new year? Would you be the contrarian or the momentum afficiando? China or Russia? Which is it?
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MachineGhost
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Re: Russia Or China

Post by MachineGhost »

China.

I think Putin's looking for another Cold War.  It's all he has left to legitimize his sinking economy.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes

Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet.  I should not be considered as legally permitted to render such advice!
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dualstow
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Re: Russia Or China

Post by dualstow »

They say the sink in oil prices hurt Russia more than any sanctions, so it follows that a surge in prices could save Russia.
And, I keep reading articles about Germany turning eastward to Russia, away from its longtime allies.

Ugh, I woudn't invest in either country but I think I would go contrarian and not momentum in this case.
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goldfinger
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Re: Russia Or China

Post by goldfinger »

It is too early to buy Russia, even Mr. Putin said Russia economy will rebound in 2 years.

I do holding Chinese shares in my portfolio, 2014 was a nice year and I'm close to rebalance it.
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Ad Orientem
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Re: Russia Or China

Post by Ad Orientem »

Russia is a disaster on wheels. Fitch just downgraded their bonds to BBB with a negative outlook. See this related thread...
http://gyroscopicinvesting.com/forum/ot ... it-rating/
Trumpism is not a philosophy or a movement. It's a cult.
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MachineGhost
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Re: Russia Or China

Post by MachineGhost »

Ad Orientem wrote: Russia is a disaster on wheels. Fitch just downgraded their bonds to BBB with a negative outlook. See this related thread...
http://gyroscopicinvesting.com/forum/ot ... it-rating/
The other problem is foreign investor sentiment towards Russia is bullish.  Bottoms do not happen when everyone is crowded to the bullish side.

The same thing is happening in oil too right now, BTW.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes

Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet.  I should not be considered as legally permitted to render such advice!
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dualstow
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Re: Russia Or China

Post by dualstow »

Bad day for Shanghai. Down something like 7.7% in one fell swoop.
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coinstar
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Re: Russia Or China

Post by coinstar »

How would you invest in China or Russia? Is there an ETF specific to those countries? VWO is the only EM fund I've used and it splits across many emerging markets.
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Re: Russia Or China

Post by rickb »

coinstar wrote: How would you invest in China or Russia? Is there an ETF specific to those countries? VWO is the only EM fund I've used and it splits across many emerging markets.
RSX - Russia ETF (plus more at http://etfdb.com/type/region/emerging-europe/russia/)
FXI - China ETF (plus many more http://etfdb.com/type/region/emerging-a ... fic/china/)
goldfinger
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Re: Russia Or China

Post by goldfinger »

coinstar wrote: How would you invest in China or Russia? Is there an ETF specific to those countries? VWO is the only EM fund I've used and it splits across many emerging markets.
ETFs tracking China domestic market: ASHR, PEK, CAF

Disclaim: I have ASHR shares
Reub
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Re: Russia Or China

Post by Reub »

KBA for China.
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