EthicsGradient wrote:As far as investing in Russia goes, you're taking a big risk at the moment:The European subsidiary of Russia's biggest bank was on the brink of collapse as savers rushed to withdraw their deposits. Economists warned that the Russian economy could shrink by 5%.
The ruble lost about 20% of its value to trade at 100 to the dollar at 6 a.m. ET after earlier plummeting as much as 40%. The start of trading on the Russian stock market was delayed, and then canceled entirely, according to a statement from the country's central bank.
https://edition.cnn.com/2022/02/28/busi ... index.html
1. Agree, but I like risk. When everyone is terrified that's a good time to be buying.
2. I step into my risky purchases, I don't rush. So far new Russian exposure is <1% of portfolio value. If I lose it all I'm not going to have a sleepless night. But you have to start somewhere.