Today I published an excellent article by Carl Delfeld on Invest Offshore (the OffshoreNet sister site). The article is called; Red China's Wrong Moves. Upon further research I realized there is a great book by the same author.
Editorial Reviews
Book Description
The Challenge
Imagine if you tried painting a picture using old brushes and only three colors rather than the finest brushes and a rainbow of colors? Or playing competitive golf with three old rusty clubs instead of using fourteen clubs utilizing the most modern technology?
It’s the same thing in investing. Investing is hard enough without making it more difficult by using old investment tools, narrow outdated strategies and trial by error methods.
Are you still primarily invested through mutual funds that have high expenses plus high annual capital gains distributions?
Are you still limiting your investments to the United States and ignoring global markets and 75% of the world’s opportunities?
In the last ten years, the U.S. has never been the world’s best performing stock market. In fact, it has never ranked higher than fourth place.
Isn’t it time to think big with a global perspective and use the same tools as the big boys? Now is the time to become a New Global Investor and build a smarter, simpler and safer portfolio that is the envy of friends and colleagues.
About the Author
Carl Delfeld has been an international stockbroker in New York, Tokyo, Hong Kong and Sydney, a banker in London, consultant to the U.S. Treasury and U.S. Congress and U.S. Representative to the Board of Directors of the Asian Bank in Manila.
He is President of Chartwell Partners, an investment advisory firm helping investors build global portfolios using ETFs as a core investment tool.
