Emerging markets frequently promise better returns than their domestic counterparts.
Still, they come with a special set of (manageable) risks that we don't always find at home.
A profound reaction to the Fed's tapering, higher-than-comfortable inflation, current account deficits, and outright political instability have all made for a volatile 2014 in the emerging markets.
It's easy to see why. Investors are worried about how they'll be impacted by the tapering of the Federal Reserve's bond purchases. And now Brazil, India, Indonesia, Turkey, Russia, and South Africa are now experiencing inflation of 6% to 7%.
Those same countries are facing current account deficits of between 4% and 7%, which places downward pressure on their currencies and upward pressure on inflation and interest rates.
And political volatility in Russia, Ukraine, Turkey, and elsewhere are contributing to uncertainty that's reflected in market performance.
But the truth is, for investors who know what they're holding, these emerging markets still hold outsize profit potential.
And taking your share of this growth has never been easier, thanks to these special securities...