Bought additional Foreign stocks

Baron Rothschild is credited with saying “the time to buy is when there’s blood in the streets.”

While this statement is often quoted, few investors have the fortitude to actually executive it.

The US stock market has recovered from its correction but Foreign markets are experiencing a rare triple bottom.  Due to tariffs and trade war fears, the blood is indeed in the streets.

Maintaining my contrarian view, I remain optimistic on Foreign markets.  Today, for clients that had excess cash reserves, I initiated the following positions:

  • Country Sector ETFs
    • Japan EWJ
    • Singapore EWS
    • Taiwan EWT
    • South Korea EWY
    • India INDA

 

  • International Blue Chip Stocks
    • Lyondell Basell LYB
    • Novo Nordisk NVO
    • Royal Dutch Shell RDSA
    • Rio Tinto RIO
    • Sanofi SNY

 

As always, invest with caution.

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The Robots are Coming: A Human’s Survival Guide to Profiting in the Age of Automation  available at AMAZON and all fine bookstores.

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