By Martin Hutchinson, Global Investing Strategist, Money Morning January 13, 2012
Don't let the headlines fool you, there's lots of money to be made in global investing in 2012.
You're just going to have to be careful – more so than in years past – because right now the line drawn between successful markets and markets that are in danger of collapse is treacherously thin.
Take the fashionable growth markets, the BRICs – Brazil, Russia, India and China – for example.
It's been 10 years since Goldman Sachs Group's Chairman of Asset Management Jim O'Neill coined the BRIC acronym. His recommendation was certainly effective – one of the best of all time, even. But today, all four BRIC countries face problems, and their troubles illustrate the dangers of following investment fashions.