Stocks is one of the easiest (if not the easiest) way to ‘cash in’ whenever there is an investment opportunity because other options are just too complicated and will be inconvenient for the buyers.
Frontier markets are an interesting place to buy stocks. Though most of them lack the infrastructure to host such kind of trading, luckily, there are few with a modest environment for buying and selling stocks. Let’s take a look at these most promising frontiers.
Stocks in Mongolia
With combined assets of having the world’s 18th largest land, with only 3 million people, and with vast reserves of coal, tin, oil, and other natural resources, China has all the reasons to invest in this frontier market. Mongolia has a decent-sized stock exchange, so it would be a good decision to buy stocks in this country.
Hate to end this way but … you need to personally visit Mongolia to open a local brokerage account to buy stocks.
Stocks in Vietnam
Yes, you’ll also have to personally visit this country to open a local brokerage account.
There’s the ETF option, but it’s not the best way to trade in Vietnam stocks.
You should instead set your sights on small and midcap stocks. Indeed, there are undiscovered gems in Vietnam’s stock market, and boy, they are really valuable, but you really have to put an effort to be able to strike on these gems, just like an actual miner, right?
Let us now take a look at other frontier markets: Cambodia and Laos’ stock market has currently five listed companies while Myanmar has only 4 (which is the smallest so far).
This progress, though fractional, is very promising, since these are frontier markets. But nobody knows what surprises it would bring on the global economic stage. Let’s just wait and see.
Also read: How Did Vietnam Escape All 3 Recessions?
