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Investing in PIIGs


indythinker85

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The PIIGs are extremely cheap (an understatement) on a quantitative basis. Obviously, the macro problems are known to all, and I personally think the euro-crisis is not over. But I am not a market timer. I own some of the ETFs (which are not the best tracking tools) with the largest allocation to Greece. I am scared to buy individual names, as I do not have enough time and doubt its in my circle of competence, but I would consider a basket of equities. Is anyone here investing the region? If so, how?

 

Thanks in advance.

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If you have an employer sponsored DC pension plan, change the allocation to 100% global equity. The monthly/quarterly investments are small, spread out over time, & in most cases the accumulating pot will not be big enough to overwhelm the DRIP benefits for at least a few years. The fund itself doesn't really matter - name brand, & reasonable expense ratio.

 

Most would also expect the PIIGs to remain in poor shape for at least another 3-5 years, so there is no rush.

 

SD

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