Cracked BRICS

by The Wall Street Geek on June 22, 2013 · 4 comments

investing in brics

In last week’s podcast, I questioned if the Eurozone had the next big investment opportunities. In the near term…not really.

So the next natural place to look is in Emerging Markets. In particular, the BRICs: Brazil, Russia, India, China, and South Africa.

Are these countries living up to the pomp and circumstance that started in 2001 by Goldman Sachs analyst Jim O’Neill? Or, is “BRICS” turning out to be just a catchy acronym that lost popularity to the next shiny new investment idea on the scene?

Can we talk?

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Image by: Steve Murray/National Post

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Price CapitalAfter turning $1100 into $7015 in the stock market right out of college, Michelle worked 15 years on Wall Street at Morgan Stanley, Citigroup and Goldman Sachs. She wrote "How to Buy Stocks Online", and is a fee only financial advisor providing investment help in New York City.

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