The novice enters the stock markets looking for a quick buck. Many quick bucks. The investors who have been burnt before, approach their investment portfolios with more caution.

Bill Bonner says there are still some great investment plays in emerging markets. Yes, inflation is rearing its ugly head in all corners of the globe. Yes, emerging markets are volatile and unpredictable. But capital investment is high, and growth is way above that in the developed world.

You won’t see really exciting market growth anywhere in the developed world right now. There’s not even much to be found in emerging market economies.

But there are still countries with over 6% growth, says Andrew Gordon in Investor’s Daily Edge. Some of them, such as Afghanistan and Angola, aren’t the safest places in the world, however. And they are difficult to invest in directly.

A way around this is to find an American company doing business in these high-growth economies or a foreign company listed on a US stock exchange.

Irwin Greenstein says emerging markets could be about to bounce back.

That’s because a powerful alliance within the World Trade Organization of China and India is seeking a compromise to contain domestic food inflation by raising farm tariffs and subsidizing local producers.

Irwin says growth in developing countries is still much stronger than the US. And if they can rein in inflation, their economic outlook will improve rapidly. That’s why the latest WTO development offers investors an opportunity to cash in when emerging markets rally. More from Irwin…

India looks like a buy right now, says Taipan Daily editor Justice Litle.

The recent vote of confidence in the government of Manmohan Singh has not only boosted the rupee but also given the Bombay’s Sensex Index it’s best five-day run since 1992.

According to Reuters, Singh’s ruling party won the vote by a larger majority than expected, despite claims of bribery from opposition parties.

The vote, plus the correction in oil prices, is a strongly bullish sign for future Indian growth. More from Justice…

The UPA Government finally, and convincingly, won the trust vote in Parliament, with the help of the Samajwadi Party (SP), after the Left parties had walked out of the alliance. It seems that there may have been a ‘kismet konnection’ between the two, for both were at daggers drawn earlier.

Last week, we reported that the Taipan Emerging Market Index was up a healthy 9.3% for the week. Those gains were wiped out on Friday, says Taipan Emerging Markets blog editor Irwin Greenstein. The only consolation being that major US markets took a beating too.

So, July 22 has come and gone. The United Progressive Alliance got through a vote of confidence motion. Just about. It has not gone. The media keeps on writing that the majority was better than expected. Better than expected is not saying much in our view.

US stocks haven’t exactly been putting in stellar performances lately. But that’s not the case for emerging market stocks. Taipan Emerging Markets blog editor Irwin Greenstien’s Emerging Market Index is up 9.3%. That’s after 5% gains last week…

Asian markets look set for a rebound: here’s how you could profit from it.