I like Australia's stock market right now. I think it provides you with a ton of upside potential.
Virtually every analyst on Wall Street disagrees, of course. They hate Australia. But they didn't like Chile, either, where we're up 46%. And they weren't crazy about Indonesia – another market that's making us good money.
Independent thinking pays well, plain and simple. And right now, Australia can pay you extremely well.
And there's more than one way you can make money.
The broad-based ETF is the no-brainer, of course. Based on the country's economic growth rate, it could increase twice as fast as the S&P 500.
But you can do even better by picking up shares of one (or all three) of Australia's best companies, as you'll see.
This is just a great place to grow your money right now, for three reasons…
1. You Get Faster, Asset-Backed Growth
Australia is projected to grow significantly faster than the United States this year – 2.5% compared to 1.7%. Next year's estimates: 2.9% versus 2.7%.
It's not a blistering 10%, of course. But remember…
Australia has the "commodities edge," too.
Its economy is built on resource demand, from both developed and emerging markets around the globe.
And now that we have signs of a bottom in precious metals, and inevitable price hikes in commodities overall, this is key.
When the Asian engine revs up again, Australia is going to be the prime beneficiary.
Australia has the oil, industrial commodities, and agricultural products that fuel the world – and Asia in particular. When the Eastern engine revs back up, Australia will be the prime beneficiary.
2. You'll Win Either Way in September
Another issue that has kept the Aussie market on hold is that national elections are pending in early September.
Many outsiders are waiting until a party takes power in this closely contested race. But the fact is, it doesn't matter who wins. Both parties are focused on keeping the Aussie market going.
It's worth noting here that Australia sits in third place on the Heritage Foundation's Index of Economic Freedom, behind other Asia powerhouses Hong Kong and Singapore. Given Heritage's political preferences, that's a pretty good tribute to Australia's ability to avoid socialist reforms, even from its Labor governments.
3. You'll Pay 30% Less Than Everyone Else
Most people won't invest in Australia until they get "confirmation," a moment also known as "too late."
You, on the other hand, are right on time.