Posted by: Bruce Lefavi in investment on Oct 29, 2009
Inflation is a real threat to your financial future. More, now than ever, you need to be bulletproof with investments that can protect your retirement. With real estate in the tank, where can you find security?
As a leading world producer of natural resources, Brazil's growing export market is flourishing along with its relationship with China. The country's diversity and abundance of hard assets make it a great inflation protection for your portfolio.
Brazil is South America's top economic power. Soybeans, iron ore, an oil make up the largest portion of its exports. In a major shift this last year, China became the largest trading partner with Brazil, a spot long held by the U.S. since the 1930's, according to April statistics released by the ministry.
Higher demands for steel production and food for the growing Chinese economy also make Brazil a great indirect investment in China. With growth potential, as well as hard assets that can protect against inflation, Brazil is a great addition to your portfolio.
Tune into Bulletproof Your Financial Future this week. We'll be talking more about Brazil, and what you should be doing to keep your investments safe. If you have questions, give me a call during the show. I'd love to hear from you!