Global Investing: The “Must Own” ETF
Posted June 2, 2008
by Ian Cooper, Pure Energy Trader
Baltimore — (TFN): The following was taken from the 60-Second Buzz on TFN. Watch this video.
Eight years into former Taiwanese rule, the benchmark index barely moved, even as Hong Kong’s market rallied 75%, and as Shanghai’s nearly doubled.
But things are about to change in a big way.
This is the week the new Taiwan president takes office, and when, according to China “hints” talks between Taiwan and China could begin. Chinese president Hu Jintao and Taiwan vice president-elect are already in agreement to “start talks as soon as possible.”
Rather just watch the video? Click here.
Should all go according to plan, not only will Taiwan see an increase in airline connections and tourism, it’ll see stronger investment opportunities — a move that’ll easily boost EWT and related Taiwanese stocks, including GigaMedia, retailers, hotels and restaurants.
In anticipation of change, we’re already watching as real estate heats up.
Home prices are reportedly up 30% since the election, and could be up another 60% by the end of 2008. High end apartment prices are up more than 50%. And it’s only expected to improve on Ma’s pledge to open the Taiwan property market to Chinese investors.
Even office space is expected to be under heavy demand on he heels of Taiwanese business expansion. Vacancies have already dropped to five year lows of 4% in some areas. Don’t be shocked when office rentals can’t keep up with demand. Forecasts peg high end office rates at US$3.60 a square foot — a record rate that has never been seen in Taiwan.
As we take a step closer to a strengthened Taiwan, we’re backing up the truck on the iShares MSCI Taiwan ETF (EWT).
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Picking the Best Trades… Trade After Trade
Ian Cooper is the real deal. Since November 30, 2007, he hasn’t closed a single Pure Energy Trader loser. In fact, he’s 26 for 26 as of May 15, 2008… and just bought oil at $73.
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