Wilbur Ross, a famous billionaire investor said in an interview this morning that Japan was one of the most attractive places to invest in right now. Japan, the third-largest economy in the world, is extremely cheap and a great deal of Japanese traded companies are undervalued based on fundamentals. It is also important to note, that 45% of all the Japanese listed companies on the Japanese stock market have more cash on their books than they do debt. Basically put, there is no other market in the world that is more liquid and has more cash on their books than the companies listen on the Japanese stock exchange.
I personally agree with Mr. Ross and I've invested money in the Japan exchange-traded fund (EWJ). This "etf" is basically a basket of stocks you can buy and own which is made up of a bunch of stock market traded japanese companies. The etf stock is currently trading at $9.48/share and if the global markets come down in price, I will continue to buy more shares as the country's stock market becomes more attractive in price (cheaper).
