Welcome to the global economy. Like it or not, globalization is an unstoppable trend. Who wins and who loses? We meet one young man who lost his job to someone overseas – and actually was sent to the Philippines to train the replacement who was earning far less money. But there are some upsides to a diverse global market – besides cheaper goods, you can also gain good returns from companies based overseas. So should you invest outside the U.S. and if so, how?

In our Investor 101 segment, Rob Black explains the multiple ways you can invest in overseas markets.

Scam Alert: Beware of look-alike websites that pretend to be brokerage firms. Be alert of people who do this to direct hapless investors’ money to remote locations. The best way to avoid this kind of fraud? Never respond to e-mails from people you have not done business with before, and always phone to make sure the deal is real.