Monday, February 21, 2011

Gulf Stock Markets Slide-WFG Already Exited

Based upon the Egypt turmoil that started weeks ago, I felt it prudent to sell our 1% position in Templeton Frontier Markets Fund owned in our no load mutual fund, shortly thereafter.

My concern was then, as it is now, that the turmoil may continue to spread and infect a host of other countries in the region.

It was time to as musician Steve Miller would say, "Take the Money and Run."

If you are an internet subscriber to the WSJ online you can click on the above blog title for access to an article from the WSJ on the topic.

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