Chinese Shares: My Plan

I haven't sold any Chinese shares and I have been investing there for decades. My plan is that my children someday are going to look back and say, "He must have been very smart, oh! God look at all these Chinese shares, we've got rich!" That's my plan but if things develop in certain ways I'll have to sell, I mean if for instance a bubble develops I have to sell. So, I may sell some of my Chinese shares between here and there. (iShares FTSE/Xinhua China 25 Index ETF (FXI), iShares MSCI Emerging Markets Index ETF (EEM))

Fintech, Banks and Technology

My children will never walk into a bank branch when they become adults as by then all the banks along the streets will be replaced by computers and certainly mobile phones. (Citigroup (c), Wells Fargo (WFC), JP Morgan (JPM), Bank of America (BAC))

The Markets May Drop 40-50% In The Next Downturn

In America, I'm going to use America as an example since it's less sensitive, it's been over eight years since we had a big correction in the American stock market. It's well overdue. 

Historically we've had them every 4 to 8 years. When we have big market corrections in America they usually go around 40 or 50 percent. This one will go down 40 or 50 percent and it would be the worst in our lifetime because the debt is now so much higher than it was even in 2008. (SPDR S&P 500 ETF Trust (SPY), Russell 2000 Index ETF (IWM), SPDR Dow Jones Industrial Average ETF (DIA), iShares MSCI Emerging Markets Index ETF (EEM))

Markets: Should You Buy India Right Now?

The market is very high as you know. It's not as though these things are a surprise, that's one reason I'm worried about markets in many parts of the world. 

The American stock markets are trading at an all-time high. Most of the markets in Europe are trading at all-time highs. I don't like buying when things are making all-time highs.

Stocks: I'm Not Buying Anything Right Now

I'm not buying anything right now me here I'm worried about what's happening in the world the world is overdue for a correction and maybe a big correction so at the moment I'm sitting and watching and waiting to see what happen.

Related trading instruments: iShares MSCI Emerging Markets Index ETF (EEM), SPDR S&P 500 ETF Trust (SPY), SPDR Dow Jones Industrial Average ETF (DIA), iShares FTSE/Xinhua China 25 Index ETF (FXI), WisdomTree India Earnings Fund ETF (EPI), iShares MSCI Singapore Index Fund ETF (EWS), iShares MSCI South Korea Index Fund ETF (EWY)