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| *The Commerce Journal>>>Investing |
Does Anyone See Investment Potential in the African Economy and Emerging Markets? |
Is now the right time for investment on a diversified scale in Africa? I 've added T. Rowe Price Africa & Middle East (TRAMX) as part of my portfolio. It is a very young fund(6 months) and I generally invest in funds that have been around for 5 years or longer. Any funds mostly African stocks are rare and I thought this has promise. There's a lot of potential in investing in Africa, but I'd recommend doing so in small amounts. No more than 3-5% of your overall portfolio. But yea, Africa could be stepping up to become the next Brazil or Mexico, and if you get in now, you could be in for 40% yearly gains for the next 5-10 years! |
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