Every investment adviser I work with is nervous… the stock market rose dramatically in 2009… perhaps beyond good value.
Investors must protect themselves now and one way to do so… if you have time to let the fundamentals work for you, is by investing in good value.
This is always a good approach to investing… but even more important now.
This multi currency update focuses on which major equity markets offer the best value according t the analysis of Michael Keppler’s just released three month Major Market Value Analysis.
If you are a new multi currency subscriber learn about Keppler Asset management here.
Major Markets equities finished the last quarter on a strong note and the year 2009 with the best one-year returns of the decade.
Last quarter, the Morgan Stanley Capital International (MSCI) World Index (with net dividends reinvested, advanced 4.1 % in US dollars and 6 % in
In 2009, the benchmark for global equities soared 30 % in US dollars and 25.9 in euros.
The euro finished the year 2009 at 1.3901 versus the US dollar — down 1.8 % last quarter and up 3.2 % from 1.3901 at the end of 2008.
While there was no place to hide in 2008, when all major markets covered here declined both during the fourth quarter and year over year, 2009 turned out to be a mirror image of 2008.
During the fourth quarter fifteen markets advanced and three declined. While all Major Markets had declined in 2008, all markets advanced in calendar-year
The best performing markets were Singapore (+69.5 %), Hong Kong (+60.2 %) and Norway (+54.3 %).
Japan (+9.1 %), Germany (+21.3 %) and Switzerland (+21.7 %) came in at the bottom of the performance range.
All performance figures are in local currencies, unless mentioned otherwise.
There were no changes in Keppler’s Top Value Model Portfolio which currently contains the six “Buy”-rated countries Austria, France, Germany, Italy, Singapore and the United Kingdom at equal weights.
Keppler’s current ratings suggest that these markets offer the highest expectation of long-term risk-adjusted returns.
Neutral value markets are Australia, Japan, Netherlands, Spain and Sweden.
Due to its rapid appreciation, Keppler’s analysis shows that Norway has downgraded from neutral to sell.
The low value (sell) markets are: Canada, Belgium, Denmark, Hong Kong, Norway, Switzerland and USA.
This is the last day to gain the largest savings on our courses and tours.
Join Merri and me, Thomas Fischer, my investment adviser Anders Nielsen and my tax attorney Joe Cox this February at our Florida seminar and share ways to invest, do business and live that protect wealth as they bring joy, satisfaction and better health.
You can also come on with us to Ecuador.
February 15-16 Travel to Quito and tour Quito
February 17 Travel Quito to Manta
February 18-19 Manta & Mid Coast Real Estate Tour
February 20 Travel Manta to Cotacachi
February 21-22 North Andes, Imbabura & Cotacachi Real Estate Tour
February 23-24 Quito & Mindo Real Estate Tour
February 25 Travel Quito Cuenca
February 26-27 Cuenca Real Estate Tour
Or join us in March 2010
March 11-14 Super Thinking + Spanish Course, Mt. Dora, Fl.
March 15 Travel to Quito
March 16 Travel Quito Cotacachi
March 17-18 North Andes, Imbabura & Cotacachi Real Estate Tour
March 19-20 Cotacachi Shamanic Tour
March 21 Travel Cotacachi to Manta
March 22-23 Manta & Mid Coast Real Estate Tour
March 24 Travel Manta to Cuenca
March 25-26 Cuenca Real Estate Tour
March 27 Travel Cuenca to Salinas
Mar. 28-29 Salinas & South Coast Real Estate Tour
Or Join us all year long and save. This the last day to gain the largest savings on our Ecuador tours.
The Ecuador airfare war makes it cheaper to get to Ecuador than ever before… and there is still time to enjoy great Ecuador tour savings.
You enjoy discounts by attending multiple seminars and tours. Here are our multi tour adventure discounts.
Even Better. Greater Savings. Our 2010 International Club membership allows you and a guest to attend as many of the 51 courses and tours we’ll sponsor and conduct in 2010 (fees would be $40,947 for all these courses individually) is only $2,999.
The International club fee rises to $3,500 January 25 2010. Enroll in the International Club now at the original fee of $2,999. Save $501 extra before January 25, 2010.
International Club Three Monthly Payments of $1,025