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Are You MINTing Money?
From the author who bought Gazprom (down -82.06%) and Grupo Aval (down -32.51%) comes another article about international investing…
Today, we’re looking at the MINT Theory. This is a concept created by economist Jim O’Neil. It identifies Mexico, Indonesia, Nigeria and Turkey as countries with “very favorable demographics for at least the next 20 years.”
Essentially, these are lesser-known emerging markets that are often dwarfed by India or China.
The MINT concept originated in 2014, and many of these countries have suffered since. Turkey is facing record inflation, and Nigeria is coping with similar issues.
As a result, the Global X MSCI Nigeria ETF is down -37.54% over the past five years. And the iShares MSCI Turkey ETF is down -49.40%.
Because of this, today’s article is not exclusively focused on the MINT nations.
And it’s not showcasing individual stocks within specific countries, either.
Instead, this article takes the spirit of the MINT concept (lesser-known emerging markets) and looks at broad-brush sectors that benefit from international economic growth.
Here are a few ideas.