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RDM Financial Group CEO Ron Weiner on how the political uncertainties are impacting investors’ portfolios.
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Next guest he's got some ideas.
On how you can make money now despite whatever is happening in the political world.
Ron Weiner of RD -- financial -- he's the CEO is joining me in a Fox Business exclusive and at -- crime is so interesting as we go into convention season.
And that's pretty much is that you feel the corporations are doing well and that they needed to know what's going on politically.
I don't think into and out but they have to doubt they have to tune out they don't have any clear picture for -- for their future.
In spite of government doing nothing.
They're doing the right things given what government is giving them -- nothing the question marks however the government's decisions both here in Europe.
Are going to affect more than what's going on the border ups well the united just heard -- -- show over -- -- -- saying what can be careful going into -- the next week because the volumes will be very thin you're going in light certainly on the European net.
There's an old saying I used to fly airplanes this that there is there all pilots and -- bold pilots but there are no old bold pilots I think it can.
We're choosing not to be bold now not to make a bet.
It's how do you make of that when you're not quite sure what the government's gonna do and a lot of a lot of the economies are gonna depend on that so we're about.
Volatility wise about 60% of the S and it.
-- local sayings about old -- pilot was when my dad used to use but I have to say and not to call Warren Buffett all -- okay easing the eighty plus years old but.
He's -- With all of the -- that he makes and I'm just wondering if there isn't a lesson.
That might buck the trend of what you're saying at least at the moment when so many people are frightened to they're sitting on the sidelines that missed -- rally.
The marketers don't let -- -- people could be as angry as they want about the political atmosphere.
They couldn't dislike whoever's in power.
But if you -- up to make your money decisions I mean since the president has been in place.
The Dow Jones industrials is up double digit percentages say but the NASDAQ -- -- peace and the Russell.
Right the idea was not to lose as much in down markets even if you gotta give up a little in -- markets.
What that does is it stops people from freaking out.
From them going to cash to being being upset and say I can't trust that I wanna get out the idea at least -- is money managers is we don't want that call from the client.
We don't wanna we wanna keep -- men.
Right now we have we do 75% of the S&P right now.
-- -- -- We're after with kinda these guys look at -- -- I don't talk to -- he's complaining -- -- -- about two names that you really like right now -- for in the food space one European one American Nestle Kraft.
Number one and number two in the world and it's funny it's the kind of food thing going on this hour.
Nestle's they're doing a great job of getting into the emerging markets but it's got -- -- if it wasn't for the financial crisis -- US -- more for the Europe.
I think stocks are gonna would be a whole lot higher and we believe we -- -- doing great -- how much better that you can it be great everything would be great but we celebs overhang.
But given that emerging markets are still growing companies are able to make make good money from it.
Nestle's what -- a food division of baby food division from Pfizer.
-- got them.
Deep into China deep into Asia they're doing a great job okay.
Let's talk about overseas now while you may be saying enough but the emerging markets you look at an Asia fund right now that you really like at the moment we've all that for a long time Matthews growth -- -- major growth and income.
It's kind of a -- MB -- way to play Asia.
And that is okay -- -- Fox Business translator for Mandy camping argument here right now it's it has a two point 7% dividend.
Okay who heard of -- and Asia fund with a with a big dividend.
There are plenty of big companies in Asia telcos.
Industrial so and so forth it's up fifteen -- up 50% this year.
It's triple B the it MSCI Asia index rate three times -- this voted 94.
So there's ways of playing it without the extreme -- -- a little bit a Swiss chocolate little bit of Mac and cheese in the US and a little bit of Asia that's -- idea but boy he's got a whole bunch more we have more of from coming.
