Four Foreign ETFs
Why I am betting on these four countries
To start, I do own a collection of foreign stocks; DBSDY, ASML, BABA, XIACF, BYDDY, ZURVY, CRARY, SNWGF, but today I am focusing on the four foreign ETFs I own.
These are based on political bets more or less. Bets on the circumstances and politicians of these countries.
I do have various reasons why I own these four specific countries. So why not pick my four ponies in the geopolitical race?
Switzerland (EWL)
The Swiss government knows how to handle their finances. In a time in which both the US and China are inundated with government debt, I want to harbor my money in a safe economy.
Not to mention Switzerland owns the most gold per capita in the world. With the incoming currency wars, once again little old neutral Switzerland stands to benefit. Like the AAPL of countries, they pick the right choice.
Germany (EWG)
Germany has always kept a very strict debt ceiling. Mainly due to their history with hyper-inflation
Recently, however, Germany has throw away those limits.
I am continually surprised by Merz’s leadership. In recent news, with his headwind, Europe was able to help fix a major weakness that started to present itself. And despite being a centrist, he does seem to be more proactive than most leaders today.
We’ve seen in America that growing government debt get soaked up by stocks. I imagine Germany is much the same.
They have been in a recession for quite sometime, hamstrung by an energy crisis. I think they might be a considerable bargain when comparing their economy to other countries.
Poland (EPOL)
I kind of have a wild mix of countries. Going from the depressed Germany to Poland, who is doing pretty preety preety good.
History hasn’t been very kind to Poland and they know that. Which is why they aren’t fucking around with Russia.
Good for you Poland.
They seem to be on a wave of strong economic growth. It’s not a strong, sound reason, but it is a reason.
Argentina (ARGT)
Javier Milei is an interesting guy.
He should be getting a lot more attention than he does. I bought some ARGT following his election.
His way of libertarianism felt like it could be the chemotherapy that Peronism demanded. They were always the country that economists would point to and say “institutions!”
Maybe they could get their act together… Are they?
Idk at this point. They just got bailed out by the Trump admin and Milei’s sister got caught in a controversy.
BUT Milei did deliver on his promise to keep inflation low. And the people kept him in power.
Thoughts?