I'm thinking of making up part of my portfolio a buy and hold approach since the global crisis has created some outstanding value buying opportunities. Considering that Australia seems to be standing up reasonably well to the crisis compared to other countries, do you think it would be a better approach to look for opportunities in countries which have suffered badly, not nessisarily the US?
Any thoughts on which countries/sectors would provide the best opportunities? I know there's still a long haul before we see anything resembling bullish activity but I'm just thinking and gathering information at the moment. I may not take any action for 12 or 18 months. I do intend to borrow heavily to do this so leverage limitations are also of interest.