Burton Malkiel (Princeton economist and author of “A Random
Walk Down Wall Street”) provides the following advice to investors in his WSJ op-ed:
“All equity portfolios
should include emerging markets. Emerging markets, accessible through broadly
diversified, low-cost, emerging-market exchange traded funds, represent half of
global economic activity. They are growing far more rapidly than the developed
economies of North America, Europe and Japan and are likely to continue to do
so. They generally have less government indebtedness and much younger
populations.”