Topic: John Chisholm
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If you're wondering how financial planner Charles Failla sees the next decade of investing and beyond, consider this: Both his 3-year-old son and 18-month-old daughter are studying Mandarin. "That gives you some idea about my conviction on emerging markets," says Mr. Failla, principal at Sovereign Financial Group in New York. While the "jury is still out on the US – which has a lot of problems to fix – I am very optimistic about China and India over the next 20 years." There's plenty of advice about what investors should do for 2011. But where do financial pros suggest you put your money through 2020? Here are five themes for the new decade:
Markets there produce healthy returns, but some analysts expect a correction.
Risks have been rewarded by diving into Bangladesh, Ukraine, and other small developing nations.