Issue #17

Latin Stock Investing | April 2, 2010

Dear Subscriber,

I love popular personal financial success stories to motivate me.

The latest Forbes poll of billionaires gives the world's richest title to Carlos Slim Helu. He is the Mexican tycoon behind the telecom giant, America Movil(NYSE:AMX) and a significant investor in other major companies including the New York Times (Nasdaq:NYT).

Where does he see value?

Last year, Carlos Slim lent the New York Times $250 exchange and gold reserves of over $238 billion at year end 2009. That's more than the next largest four Latin American countries combined.

This wealth has unleashed a consumer buying spree in Brazil. Last quarter, America Movil added 6.6 million wireless subscribers and a third of these were from Brazil. And guess who own AMX shares?

Carlos Slim is the new Warren Buffett - Richest Man on Earth!

Fortunately, you don't have to be a well-funded billionaire to pick off a few weakened companies at low values.

This month the featured strategy is using funds to cost efficiently create portfolios. Go ahead and act now in the new investment ideas in this newsletter.

Best wishes and happy trading!

+ Rudy