INVESTOR: The 'trade of the decade' is still too dangerous

Investors searching for value have begun to look to emerging markets as the next great trade.

But buying the stocks because they're discounted may be a misstep, according to Omar Aguilar, Chief Investment Officer of Equities at Charles Schwab Investment Management.

"I always philosophically believe that while value is important, you have to look at the whole economic structure as well," Aguilar told Business Insider. "And right now based on all of the bigger factors, it's just not the best time to get into emerging markets."

NOW WATCH: Take a tour of the $367 million jet that will soon be called Air Force One