The "Wall Street Journal" Book of International Investing: Everything You Need to Know About Investing in Foreign Markets - Hardcover

The Wall Street Journal Book of International Investing offers a hands-on, reader-friendly approach to investing in international markets. Written for beginner- to intermediate-level investors (the reader needs only to know the basics of how the stock market works), the authors teach you exactly how to invest in foreign markets. The book is divided into four easy-to-use sections. The first describes the good reasons to invest at least ten percent of your long-term investment portfolio in international markets. The second section shows you various vehicles for investing, including mutual and closed-end funds; regional and country funds; industry and sector funds; and American depositary receipts. The authors also tell your what not to invest in, such as foreign bonds. They show how to pick the right money manager, and what danger signs to look out for. The third section is an extremely helpful description of the investment potential of various countries and regions, including Mexico, Canada, Great Britain, France, Germany, and Japan; the "Asian Tigers, " including Hong Kong, Taiwan, Thailand, and South Korea; China and India; and the "second tier, " including Italy, Spain, Australia, Switzerland, and Sweden. The authors also discuss emerging markets, such as South America, and include specific warnings about investing in such countries as Poland, Israel, Turkey, and Russia. There's exciting material on how to get in on the ground floor of some amazing possibilities, especially as more governments in developing countries decide to privatize railroads, airlines, and telecommunications systems. Last, the authors reveal the strategies the pros use to invest internationally, and they presentuseful hypothetical portfolios of both domestic and foreign investments to accommodate the different types of investors. Including multiple charts and graphs, this easy-to-read book will be a must for anyone interested in the super-hot area of global investing.

The market has gone global, and every day proves afresh that investors not in on the international scene are missing the boat. Previously this particular realm of high finance was open primarily to corporate investors and experts. Now, however, the individual investor can put the savvy of the nation's premier source for business and finance to work on the international market.

Designed to provide guidance for both newcomers and more experienced investors, The Wall Street Journal Book of International Investing will teach the reader exactly how and where to invest -- and, unlike other guides which give only the general principles, this book offers specific recommendations about stocks and countries to invest in, and others to avoid. Included also are recommendations about various markets including mutual and closed-end funds, regional and country funds, industry and sector funds; and descriptions of the investment potential of countries from Germany to Turkey; and the strategies that the pros use to invest internationally.