Best of the Week
Most Popular
1. TESLA! Cathy Wood ARK Funds Bubble BURSTS! - 12th May 21
2.Stock Market Entering Early Summer Correction Trend Forecast - 10th May 21
3.GOLD GDX, HUI Stocks - Will Paradise Turn into a Dystopia? - 11th May 21
4.Crypto Bubble Bursts! Nicehash Suspends Coinbase Withdrawals, Bitcoin, Ethereum Bear Market Begins - 16th May 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.Cathy Wood Ark Invest Funds Bubble BURSTS! ARKK, ARKG, Tesla Entering Severe Bear Market - 13th May 21
7.Stock Market - Should You Be In Cash Right Now? - 17th May 21
8.Gold to Benefit from Mounting US Debt Pile - 14th May 21
9.Coronavius Covid-19 in Italy in August 2019! - 13th May 21
10.How to Invest in HIGH RISK Tech Stocks for 2021 and Beyond - Part 2 of 2 - 18th May 21
Last 7 days
The US Dollar is the Driver of the Gold & Silver Sectors - 28th Jul 21
Fed: Murderer of Markets and the Middle Class - 28th Jul 21
Gold And Silver – Which Will Have An Explosive Price Rally And Which Will Have A Sustained One? - 28th Jul 21
I Guess The Stock Market Does Not Fear Covid - So Should You? - 28th Jul 21
Eight Do’s and Don’ts For Options Traders - 28th Jul 21
Chasing Value in Unloved by Markets Small Cap Biotech Stocks for the Long-run - 27th Jul 21
Inflation Pressures Persist Despite Biden Propaganda - 27th Jul 21
Gold Investors Wavering - 27th Jul 21
Bogdance - How Binance Scams Futures Traders With Fake Bitcoin Prices to Run Limits and Margin Calls - 27th Jul 21
SPX Going for the Major Stock Market Top? - 27th Jul 21
What Is HND and How It Will Help Your Career Growth? - 27th Jul 21
5 Mobile Apps Day Traders Should Know About - 27th Jul 21
Global Stock Market Investing: Here's the Message of Consumer "Overconfidence" - 25th Jul 21
Gold’s Behavior in Various Parallel Inflation Universes - 25th Jul 21
Indian Delta Variant INFECTED! How infectious, Deadly, Do Vaccines Work? Avoid the PCR Test? - 25th Jul 21
Bitcoin Stock to Flow Model to Infinity and Beyond Price Forecasts - 25th Jul 21
Bitcoin Black Swan - GOOGLE! - 24th Jul 21
Stock Market Stalling Signs? Taking a Look Under the Hood of US Equities - 24th Jul 21
Biden’s Dangerous Inflation Denials - 24th Jul 21
How does CFD trading work - 24th Jul 21
Junior Gold Miners: New Yearly Lows! Will We See a Further Drop? - 23rd Jul 21
Best Forex Strategy for Consistent Profits - 23rd Jul 21
Popular Forex Brokers That You Might Want to Check Out - 22nd Jul 21
Bitcoin Black Swan - Will Crypto Currencies Get Banned? - 22nd Jul 21
Bitcoin Price Enters Stage #4 Excess Phase Peak Breakdown – Where To Next? - 22nd Jul 21
Powell Gave Congress Dovish Signs. Will It Help Gold Price? - 22nd Jul 21
What’s Next For Gold Is Always About The US Dollar - 22nd Jul 21
URGENT! ALL Windows 10 Users Must Do this NOW! Windows Image Backup Before it is Too Late! - 22nd Jul 21
Bitcoin Price CRASH, How to SELL BTC at $40k! Real Analysis vs Shill Coin Pumper's and Clueless Newbs - 21st Jul 21
Emotional Stock Traders React To Recent Market Rotation – Are You Ready For What’s Next? - 21st Jul 21
Killing Driveway Weeds FAST with a Pressure Washer - 8 months Later - Did it work?- Block Paving Weeds - 21st Jul 21
Post-Covid Stimulus Payouts & The US Fed Push Global Investors Deeper Into US Value Bubble - 21st Jul 21
What is Social Trading - 21st Jul 21
Would Transparency Help Crypto? - 21st Jul 21
AI Predicts US Tech Stocks Price Valuations Three Years Ahead (ASVF) - 20th Jul 21
Gold Asks: Has Inflation Already Peaked? - 20th Jul 21
FREE PASS to Analysis and Trend forecasts of 50+ Global Markets by Elliott Wave International - 20th Jul 21
Nissan to Create 1000s of jobs with electric vehicle investment in UK - 20th Jul 21
Bitcoin Halvings Price Forecast and Stock to Flow Analysis - 18th Jul 21
Dell S3220DGF Unboxing and Stand Assembly - 32 Inch 165hz Curved Gaming Monitor Amazon Discount - 18th Jul 21
What Does The Fed Mean By “Transitory Inflation” And Why Is It Important To Understand? - 18th Jul 21
Will the US stock market’s worsening breadth matter? - 18th Jul 21
Bitcoin Halving's Price Projection Forecasts Trend Trajectory - 18th Jul 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Canada's Investing Secrets I Learned in Calgary

Stock-Markets / Canadian Stock Market Oct 30, 2007 - 08:23 AM GMT

By: Money_and_Markets

Stock-Markets

Best Financial Markets Analysis ArticleTony Sagami writes: Woody Allen was absolutely right when he said "80% of success is just showing up." And nowhere is that more true than the world of investing.

I regularly find myself dodging forklifts on busy shipping ports … walking past snarling street dogs in Chinese alleys … or, in my latest trip's case, freezing my buns off in northern Canada.


Reason: There truly is no substitute for seeing things with your own eyes. Plus, sometimes you'll be lucky enough to find out even more than you planned on.

Let me give you an example from my trip up to Canada to investigate the country's rich tar sands …

The Canadian Investing Secret I Learned in a Calgary Starbucks

Calgary was not only modern but also extremely diverse!

On my way up to Alberta, I stopped over in Calgary. I expected a beautiful, modern, and rapidly growing city thanks to rising natural resource and energy prices. And that's exactly what the city turned out to be.

Of course, I also thought Calgary would be similar to my home state of Montana, which consists almost entirely of U.S.-born Caucasians. That's where I was dead wrong!

The city was amazingly diverse. It was full of immigrants from all over the globe. In fact, one out of every five of its residents arrived from a foreign country, including many Asian locales.

Heck, from all my travels, I've learned that you can gauge a city's population by its restaurants. And I had no trouble finding great sushi as well as places specializing in Chinese, Indian, Filipino, Thai, and Korean cuisines!

Later, I learned that Canadians' investment portfolios are just as diverse as their cities!

As it often happens, I came across this investing nugget completely by accident. I had stopped into a Starbucks to grab a cup of coffee when I struck up a conversation with two businessmen.

When we got around to talking about investments, they told me that Canadian investors stuff their portfolios with plenty of international stocks and funds.

Canadian investors, my new Calgary friends told me, often own more foreign stocks than Canadian stocks. In fact, they said investing in Asian companies was considered just as normal as investing in U.S. stocks!

As my new business buddies explained, Canadians are very aware of the investment action across the Pacific. That's especially true in Calgary because of the city's large Asian population. Talk around the water cooler often includes the huge profits being made in Indian and Chinese stocks.

I was still trying to soak it all in when one of the businessmen looked at me and asked,

"Don't American Investors Know How Hot the Chinese Stock Market Is?"

I hope the answer to that question, at least as it pertains to you, is "Yes!" After all, I've been telling you over and over again about the many great opportunities overseas.

But my talk with those guys up in Calgary made me realize that I can never drive home the point enough.

So, just in case you haven't been following the Asian markets too closely, I've prepared two important tables for you. First, I'm going to show you how well some Chinese stocks have been performing this year …

Ten Best-Performing Chinese ADRs
Name Ticker Percent Gain
China Finance Online JRJC
689%
China Eastern Airlines CEA
351%
China Shipping Develop CDSXY
319%
JA Solar JASO
258%*
China Oilfield Services CHOLY
257%
China Southern Air ZNH
249%
Jiangxi Copper JIXAY
248%
Aluminum Corp of China ACH
230%
Ping An Insurance PNGAY
196%
Baidu.com BIDU
180%
Performance as of October 23, 2007
*Started trading after the start of the year

As you can see, many Chinese companies have racked up absolutely spectacular gains. Here's the best part — you wouldn't have had to leave the comfort of U.S. exchanges to buy any of them because they all trade as American Depositary Receipts right here!

And we keep getting more and more Chinese stocks to choose from. Here are a few examples of Chinese companies that have gone public on U.S. exchanges in just the last 12 months …

Company Name IPO Date Percent Change from IPO
Longtop Financial Technologies 10/24/2007
85.14%
China Digital TV 10/05/2007
145.50%
WuXi PharmaTech 08/09/2007
157.63%
E-House Holdings 08/08/2007
123.18%
China Shenghuo Pharmaceutical 06/14/2007
124.26%
Yingli Green Energy 06/08/2007
175.09%
Trina Solar Limited 12/19/2006
174.75%
Home Inns & Hotels 10/26/2007
231.44%

Now, I'm not showing you those IPO numbers to make you jealous. And not all Chinese IPOs have skyrocketed right out of the gate, either.

But at the very least, I think you should be like my new Canadian friends and take a more global approach. One way to do that is by dipping your toes into some of the Chinese ADRs that trade right here in the U.S.

Best wishes,

Tony

 

This investment news is brought to you by Money and Markets . Money and Markets is a free daily investment newsletter from Martin D. Weiss and Weiss Research analysts offering the latest investing news and financial insights for the stock market, including tips and advice on investing in gold, energy and oil. Dr. Weiss is a leader in the fields of investing, interest rates, financial safety and economic forecasting. To view archives or subscribe, visit http://www.moneyandmarkets.com .

Money and Markets Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in