Saturday, April 24, 2010

Reason

I'm not much of a political activist, but this online newspaper offers a Libertarian view of economics and public policy. http://reason.com/ Usually instead of intense criticism of policy, the writers from this publication aim to offer suggestions, such as with the problem of overcrowding in California's state prisons, their suggestion is to allow private companies to run jails. This is already being done in other states for about a third of the cost of what the state of California pays per inmate on a daily basis.

Commodities and natural resources are the future. http://www.dailyreckoning.com.au/etfs-as-a-resource-investment/2010/04/21/ Investing in these today is a smart investment. I am especially looking to Brazil with their new found oil reserves off the coast of Rio de Janeiro. Latin American is starting to increase rapidly, especially with the emergence of a Middle Class in Brazil.

2 comments:

  1. Generally speaking anything done by the private sector will be done cheaper and more efficient than the state. I once heard that the last successful government program was WWII, and that was only because our enemies also ran government programs for the war. Any specifics on mutual funds that you are investing with to get on the Brazil Train? Didnt the President down there just do something to discourage foreign investment?

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  2. I haven't heard much from Brazil, but u.s. investment is growing. Two funds to check out are EWZ and EWW. Both have shown growths and are baskets of many stocks in Mexico and Brazil. They are relatively new funds called etfs. Just like mutual funds !, but their price changes throughout the day instead of the end of the trading day. I will post some articles this evening.

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