An Introduction

Hi. Welcome to BourGroup and my blog. Phil

Phil Bour is a CERTIFIED FINANCIAL PLANNER(tm) professional since 2004, a Magna Cum Laude college graduate and an accounting professional for over 35+ years. I love numbers, statistics and economic history.

I am also an Enrolled Agent (EA) to represent taxpayers before the Internal Revenue Service and to prepare tax returns.

"Phil"osophy: I believe that you can manage your money on your own (not necessarily through individual stock selection but through mutual funds, ETF's and other solutions) once you receive some one-time, professional guidance. Why pay annual fees when there may be little added value? For additional information, first read the "An Introduction" label at the left. Then move on to others.

Friday, April 15, 2011

Frontier Markets - 9 Risks

Emerging markets (like China, India, Russia, Brazil) are bigger in comparison to the Frontier Markets. This includes 29 countries like Vietnam and Argentina.

Risky, yes.

Here are nine possible risks to consider:

  • Corrupt governments
  • Few public companies
  • One industry
  • Export-driven
  • Lack basic processes
  • Illiquid (small markets)
  • Inefficient (could be a good thing)
  • Local investors drive prices
  • Low correlation to other markets (again, could be a good thing but still a risk)
Definitely an alternative type investment.
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