posted on Apr, 7 2013 @ 07:44 PM
The last few days, the market has been in fear with North Korea hitting the headlines.
The ETF called $EWY is an index fund for South Korea.
With the news of North Korea possibly firing missiles, this ETF continues to get a beating.
When you take a step back, North Korea would never go into a war with South Korea/US. Regardless of what the news tells you, it won't happen and
once the world realizes, this EWY should bounce up strong.
Just like how people bought reliable company stocks during the housing crash in 2008-2009, it is a good time to start looking into investing in South
South Korea is a solid country. Their technology (Samsung, LG), cars (KIA, Hyundai), and now their travel business is booming.
Buy when everyone's running.
Buy EWY as it falls on the missile news next week.