Should you invest in emerging markets like China and Brazil? The rapid economic growth and rising stock prices in emerging markets may look enticing, but don’t ignore the high risks involved. Consider diversifying investments into mutual funds, ETFs, and ADRs, or even a separately managed account (SMA).

For an in-depth discussion of investing in the Russian emerging market, Doug speaks with former world chess champion Garry Kasparov. After he retired from professional chess in 2005, Garry became a pro-Democracy proponent for Russia and is the author of the new book Winter Is Coming: Why Vladimir Putin and the Enemies of the Free World Must Be Stopped.

Is Russia a good prospect for investment? What is life really like in Russia today? Is the current regime as popular at home as it appears to be in the press? Have the Russian people simply swapped one authoritarian regime for another? Listen to Garry Kasparov’s answers to these questions on this episode of The Goldstein on Gelt Show.

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Douglas Goldstein, CFP®, is the director of Profile Investment Services, Ltd, a financial planning and investment services firm specializing in working with Americans living in Israel who have investment accounts in America. He is a licensed financial professional both in the U.S. and Israel. Securities offered through Portfolio Resources Group, Inc., Member FINRA, SIPC, MSRB, FSI. Accounts held at Pershing LLC., Member NYSE/SIPC, a subsidiary of The Bank of New York Mellon Corporation. Neither Profile nor PRG gives tax or legal advice. Before immigrating to Israel, it is advisable to consult with a tax attorney who is knowledgeable about Israeli law. Contact at doug@profile-financial.com