Vassilis Milionis describes sectors that start to regain this year. Investors should look at those sectors.
Vassilis Milionis, the owner of the trusted
investment company in Greek, describes the global finance condition. The
uncertain global condition affects the global financial condition.
Investors should be wise and careful in spending their money on an
investment. Despite the global condition, some sectors try to regain.
The U.S. stocks begin to recover slowly after the virus attack in March.
Investors need extra effort to find the best markets and get new
opportunities.
Vassilis Millionis stated, “Asia has a good prospect
for investment. Some countries, excluding Japan, may show positive
equities earnings growth this year. Most Asian investors also said that
they were optimistic about starting the investment.” One of the reasons
that make Asian investors optimistic is the outperform of the Asian
currencies against the U.S. dollar. This condition may happen for the
next 18 up to 24 months. Vasilis Milionis explained, “This is also a
good start to find the best markets for investing in Asia. Singapore’s
Straits Times Index is one of the best markets. It has a good track
record and experiences to defend its investors for many obstacles,
including epidemics. South Korea, Hong Kong, Taiwan, and China also have
a good prospect for investment this year.”
Investors should consider two main sectors, which are
bonds and real estate. Bonds are a good investment in Asia since the
government’s fiscal response to the epidemic. Real estate is another
good investment sector, although investors should consider the risks
well. The impact of the epidemic attacks all sectors. Some countries,
including Chile, Colombia, Nigeria, and Russia, will win the commodities
market. Investors have to consider the political and economic risks in
the countries before investing their money.
According to Vassilis Milionis, “Investors may check
some potential commodities. They can start to think about investing
money in companies or sectors that focus on copper, crude petroleum,
coke briquette, and crude oil. On the other hand, investing in sovereign
debt is not a good option this year.” Gold mining stocks can be a good
investment option, although it has been declined by over 30% for the
past ten years. In contrast, the price of gold increases by more than
40%.
The most important thing to consider is that gold
mining stocks often rely on global political and economic conditions.
The price increases significantly during the uncertainty of political
and economic conditions. According to Milionis, “It is better to hold
cash and wait for the overall market condition. Investors who want to
invest may consider gold mining stocks.”
About Vassilis Milionis:
Vassilis Milionis is the CEO of Filia Investment LTD.
It covers several prestigious projects. The projects include 5-star
hotel and holiday apartment development, luxury tourism properties,
tourist complex, tourist village, and many others.
