Congratulations to Keith Fitz-Gerald; his just released book, Fiscal Hangover, has just hit #1 on Amazon's Finance and Investing list.

Meanwhile, in his Money Map Report, the advisor focuses on developing a diversified, long-term investment portfolio made up of "dynamic companies with global exposure." Here's a look at four of his current favorite positions.

"The last time the world’s stock markets rose nearly straight up for eight months, they then spent a few months sideways before heading sharply higher.

"Not surprisingly, much of the growth today is coming from China, where third-quarter GDP hit 12.2%, and South Korea, where GDP is growing 8.2%. Chinese retail sales have risen 30%, and even beleaguered Japanese exports are up 31% annualized.

"Of course, not all bailouts are equal. So the growth is proceeding at an unequal pace. But the point is that the world is growing.

"Therefore, any correction or consolidation should present us with the ability to buy more dynamic companies with global exposure and solid cash flows at even bigger discounts. We’re very excited and trust you are, too.

"One thing that developing countries around the world cannot do without is power. And ABB Ltd. (NYSE: ABB) is one of the global leaders in large-scale electrical infrastructure projects.

"As of September 2009, ABB was sitting on $26.1 billion in backlogged orders. Recently, the company announced that orders from emerging markets now account for 55% of total orders.

"That’s good news. Emerging markets seem to be getting their economies back on track ahead of the hamstrung developed economies in the U.S. and Western Europe. ABB also offers a 2.3% yield.

"At the current rate (12% increase a year), China’s oil consumption will equal current U.S. oil consumption in 2018. The story is the same for China’s demand for other key natural resources, as well.

"As a key exporter of natural resources to China, Brazil could benefit for decades to come while China continues grow its GDP at a blistering rate. iShares MSCI Brazil Index (NYSE: EWZ), our recommend play on this market, yields 2.87%. It’s averaged 9.28% a year… for 40 years.

"POSCO (NYSE: PKX) recently announced two newly developed products: DP (Dual Phase) steel and FB (Ferrite Bainite) steel. Both are suitable for producing lighter automobile components, which contribute to improving fuel efficiency. 

"As Asia flexes its muscles as a new automotive power, PKX’s new products and proximity to the region could help boost the company’s already strong top-line growth. Of course, the fastest growth in 25 years in South Korea isn’t hurting matters.

"Among our 'base-builder positions, PIMCO Strategic Global Government Fund (NYSE: (NYSE: RCS) offers asset diversification and a hedge against the U.S. dollar through a managed portfolio of international corporate and agency debt. RCS delivers a healthy 8% yield."

Editor note: I would encourage anyone interested in building a long-term, globally-diversified portfolio to read Keith's new book, Fiscal Hangover. His strategy focuses on protection against risk, while positioning oneself for maximum upside gains. The book is now available from Amazon, and you can get a $10 discount from the publisher's price by clicking here.