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Politics : President Barack Obama
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To: tejek who wrote (125698)10/29/2012 9:40:46 PM
From: RetiredNow  Read Replies (2) of 149317
 
What do you think about investments in Australia? That's another place I'm looking at. However, Australia feels bubbly to me. Their stock market has an average of 28 PE or something like that. But then again, they are at the center of Asian trade, they have fantastic fiscal and monetary policy, and they have great political leadership. So seems like a good long term investment. Right now, I am waiting for a pullback to go long on Australian stocks.
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