Faber urges diversified portfolios

Published: 6 Oct 2012 at 00.00
Newspaper section: Business

Investors should diversify their investment portfolios and prepare themselves for market volatility due to expansionary monetary policies by global central banks and a possible economic crisis in China, says investment guru Marc Faber.

Mr Faber, speaking at an investment forum in Bangkok yesterday, said China could possibly see growth slow to just 4% this year, a far cry from estimates by most analysts. The Asian Development Bank earlier this week cut its own 2012 growth forecast for China to just 7.7% from 8.5% earlier.

But Mr Faber said China is currently facing both a credit and property bubble and that based on recent export figures, growth in the world's second-largest economy will likely be much lower than official figures.

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justfacts
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Discussion 2 : 07 Oct 2012 at 09.092
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not sure about one of the best in the world ...but for damn sure better than USA or Euro nations at the moment.......
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khunbj
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Discussion 1 : 06 Oct 2012 at 11.231
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Yep, Thailand is a good place to invest money, one of the best places in the world....and will be even more attractive when the lagging infrastructure is upgraded....looking forward to that.
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Faber urges diversified portfolios | Bangkok Post: business