Support Local, and Invest in China

One of the frustrations of investing from this part of the world is the seeming emphasis on investing in the USA, a jurisdiction which is extremely liquid and therefore easy to enter and exit as an investor.

Most investors invest in this faraway jurisdiction that they may or may not understand. For the average person on the street, they may not have seen or experienced life in the this country half way across the world.

Is there any way that you can support local industries, or invest in the alternative mega market - China, which is slightly more likely for you to have seen or experienced or understand?

Principles for Dealing with a Changing World Order

The abovementioned book is one such book which may be able to sway one's understanding from the typical homogenous and liquid USA market, towards the markets closer to this part of the world.

Written by Ray Dalio, an American billionaire with a financial presence in Singapore, Ray Dalio now spends his time teaching and writing about not only the eventual fall of America, but rise of China as well.

Ray Dalio believes that we are now seeing a once in a generation big cycle low point for the USA, due to the amount of debt in particular that the country has taken on over recent years and decades. He may go so far as to say that the USD may one day cease to be the reserve currency of the world.

Accordingly, Ray Dalio believes that we will see the rise of China. It may follow, I submit, that economies such as Malaysia's will see the benefits of the enlarging economies nearby.

The book by Ray Dalio emphasises 18 determinants or factors that the reader can identify and understand about how well any economy is doing, not just the USA's or China's. By understanding these 18 determinants, the investor can then invest according to where in the immediate cycle or big cycle a country's economy is currently positioned.

The book can be obtained:

• from Amazon Kindle

• from Amazon Audiobooks

• from Kinokuniya Malaysia, as a hardcopy.

Up for Discussion

As usual, please let a comment, question or like in the space provided if you have any questions regarding the book!

We look forwards to hearing from you.