If I own a piece of a company, they should want my creative input and guidance.
You have a good point when I think about it. Startups are the once who need the investor’s capital most. The big companies such as Apple closing in on $1 Trillin doesn’t need investor’s money. Isn’t it ridiculous? I think it’s called greed. They want to get bigger and bigger. I’m not so sure about investing in poor countries. First, I have no idea what company I would invest in and I just don’t believe that the investment is worth it. On top of it, I feel like there are many companies trying to scam people. I know some may say in US it’s the same, I disagree though. We can compare it to Bitcoin and small altcoins. I believe bitcoin will eventually outperform altcoins in the long therm with few exceptions. Just like US will eventually outperform poor countries. On the other hand if US goes down, poor countries go down even more. Remember, at some point US give some capital to these countries to help them with their economy. In my opinion stock are outdated, the real thing to invest in is just like you mentioned “bitcoin” and “blockchain technology”. “That's where the real boom happens.“
In stocks to be able to be one of the participants or decision maker, you would have to be a board member and to be a board member you need a lot of capital invested in this company. For me it sounds too old and boring when it comes to stock companies.
Maybe picking poor countries blindly wouldn't work too well. Many of the poor countries are that way for a reason, because their political systems aren't viable for commerce, and maybe they don't figure to change any time soon. (But still, in the way long term, whenever they sort it out and improve politically, then it's different.)
Why tho? Bitcoin will outperform altcoins because there's a need to consolidate on one network. A lot of the disparity between US and rest of the world is just happenstance and a function of who has what system and where the power disparities are right now.
If we all had the same rules, there wouldn't be an inherent advantage to being on US soil.
Arguably there are innate differences, like some demographics of people might be "better" at certain skills. But people can move around and spread ideas, so that disperses a little over time.
So as long as there's a tendency towards more freedom, I think there's a tendency towards equilibrium. Some places might be a little better than others, but not by the wide margin that exists now, I don't think.
But ya, in the more immediate next couple decades, it's probably not a great a strategy to just blindly pick poor countries. Some of them are that way for a reason. And you get what you pay for, if it was guaranteed to grow, it would already be factored into the price.
Still, I just feel like there's more upside in places like Africa and Asia than US and Europe.
Africa seems young and hungry and bound to get better, but I have nothing to base that on. I just don't think too hard and go ahead and fire when I do buy a stock 😛
US I'd rather target more specifically on tech type of things or clean energy or weed. I'd hate to own the big dinosaur stocks. Everyone knows about them and it has to be saturated, just seems like no way you're getting a good value. It's a way to not leave it in cash and lose to inflation, but that's about it.
Just use an ETF, across the whole country or a sector within the country. I doubt you have to worry about scams, if it's large enough to be publicly traded. But how their government handles them and if there's a chance of being seized or your stocks are frozen or something like that could be a thing, not sure.
I think if you use an established US brokerage and they don't give you any kind of warning when you go to buy it, I wouldn't worry too much. But I don't really know.