Hi Fellow Automated Millionaires,

A lot of my friends and clients are asking me this question,"Max, why are you so convicted about BRIC, Energy and Commodities?" Well why? Very Simple. 3 main reasons. They are as follows:

1) Warren Buffett says,"I look for businesses in which I think I can predict what they're going to look like in ten to fifteen years' time. Take Wrigley's chewing gum. I don't think the Internet is going to change how people chew gum."

China and India (Chindia) are the darlings of the world when comes to consumption. Yes, USA is still the largest consumption economy power now but will USA still be in ten to fifteen years' time? Every 100 iron ore produced by the world now, 49 of them is consumed by Chindia. Every 100 cement produced by the wrld now, 55 of them is consumed by Chindia. Most of the top economist predicted that Chindia consumption will surpasses USA in ten to fifteen years time! Today (27th September 2008) there is an article  by The Business Times Weekend, it stated that India is minting new millionaires at a faster pace than anywhere else in the world, buoyed by a fast-growing economy!

Brazil and Russia are both one of World Largest Commodities producing countries in the world, both hard and soft. Do you think the citizens of the world will stop eating or using petrol when there is a war or financial crisis? The European Union is very dependent on Russia to produce Natural Gas. The world is also quite dependent on Brazil on soft commodities. Well, try telling to the 1.4 Billion people in China and 1.1 billion people in India to stop eating and using petrol :)

2) Warren Buffett says, "You should invest in a business that even a fool can run, because someday a fool will."

Since the underlying economies of BRIC is strong (especially China), the economies of the 4 countries will be most likely to have 1 direction in a long run, that is UP! Hence, it's quite hard for a Fund Manager to choose a company in the Fund that is not growing in BRIC. That is why I know that my clients and I are going to make money with BRIC, Energy and Commodities, even if a fool becomes the Fund Manager.

3) Warren Buffett says, "I can't be involved in fifty or seventy-five thiings. That's a Noah ark way of investing - you end up with a zoo that way. I like to put meaningful amounts of money in a few things."

Since everyone of us has only 24 hours, the attention and ability to keep track of alot of funds will be severely limited. Hence, that is why we are focusing on only BRIC, Energy and Commodities - things we specialised in and understand. Warren Buffett says that you only have to make a few right decisions to end up rich.

Hence, that is why I am so convicted about BRIC, Energy and Commodities :)

Happy Investing!

Yours Sincerely,
Max Tay
The Automated Millionaire System™ - "Where Wealth is Automated!"