Friday, August 04, 2006

Thick as a BRIC

Thick as a BRIC

William Bernstein is exactly right on with this article.

You will be hearing the term BRIC more and more often - it stands for Brazil, Russia, India, and China (B-R-I-C).

These funds will invest only in these countries, what a stupid concept, ignore it.

Bernstein goes more in depth than you probably want to know, but the bottomline is these funds don't fit into a diversified portfolio.

Scott Dauenhauer, CFP, MSFP