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The United Kingdom's decision to leave the European Union – "Brexit" – is a red-hot vortex of uncertainty. British politics, society, and of course, business are all up in the air right now – and have been since the referendum in June 2016.
The UK has a general election next month that may very well determine how or even if Brexit happens. Beyond Brexit, all parties are making big promises to the electorate, to boot, the cost of which could be an additional drag on the world's sixth largest economy.
Investors, as we all know, hate uncertainty. Personally, I could never figure out why. All that chaos is like catnip for me; the bargains can be unbelievable.
Right now, for instance, some of the most prestigious, expensive real estate on Earth is trading at unthinkably cheap prices; double-digit gains are practically built in.
Here's where I think the best value is…
About the Author
Tim Melvin is an unlikely investment expert by any measure. Raised in the "projects" of Baltimore by a single mother, he never attended college and started out as a door-to-door vacuum salesman. But he knew the real money was in the stock market, so he set sights on investing - and by sheer force of determination, he eventually became a financial advisor to millionaires. Today, after 30 years of managing money for some of the wealthiest people in the world, he draws on his experience to help investors find "unreasonably good" bargain stocks, multiply profits, and build their nest eggs. Tim tirelessly works to find overlooked "hidden gems" in the stock market, drawing on the research of legendary investors like Benjamin Graham, Walter Schloss, and Marty Whitman. He has written and lectured extensively on the markets, with work appearing on Benzinga, Real Money, Daily Speculations, and more. He has published several books in the "Little Book of" Investment Series and a "Junior Chamber Course" geared towards young adults that teaches Graham's principles and techniques to a new generation of investors. Today, he serves as the Special Situations Strategist at Money Morning and the editor of "Max Wealth" and Heatseekers.
Tags: Global Markets