Money Life With Chuck Jaffe Daily Podcast

Polaris' Horn: It's easier to find good valuations internationally right now

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Synopsis

Bernie Horn, portfolio manager at Polaris Global Value, says that while the U.S. stocks have sharply outperformed international stocks since the financial crisis of 2008, the situation has now gotten to where foreign valuations are increasingly attractive, and he noted that if you can find the right valuations in businesses that are able to grow cash-flow over time, the stock should ultimately pay off no matter where in the world it is based. Also on the show, Tom Lydon of ETFTrends.com makes an actively managed municipal bond fund his ETF of the Week, Pat Rowan of TIAA discusses Americans' confidence in retirement, and Craig Curlop of biggerpockets.com talks about his new book on 'house-hacking,' a strategy where you buy multi-unit properties, live in one unit and rent the others, uing the rent to pay your mortgage and effectively letting you live without having to make a monthly housing payment of your own.