well, I think if you spot a real emerging market, with the correct timing, there are plenty of opportunities.Frankie said:
If emerging markets are so good, how come they haven't emerged already?
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well, I think if you spot a real emerging market, with the correct timing, there are plenty of opportunities.Frankie said:
If emerging markets are so good, how come they haven't emerged already?
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With the correct timing you can make money in any market, you don't need emerging markets for thatMikeDem said:
well, I think if you spot a real emerging market, with the correct timing, there are plenty of opportunities.
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We want to show love for the people and support their entrepreneurship and country.Houdini said:
Normal stock trading would for sure do it, but I think that OP is looking for something else!
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I see, only if you are super rich you could buy something there to get it cheap and make something total new.MikeDem said:
Houses are cheap mostly because they are in places no one wants to live anymore, normally it is small towns in the middle of nowhere, they may have some appeal if you like this type of things, but in general the towns have a strong decreasing population, and they are difficult to reach. Above all locals don't really like foreigners, they normally don't speak English and they may even think you are exploiting their beautiful village (everyone in Italy thinks his own village is the most beautiful in the world)
Renting and reselling prices will be an issue, there is not much money in those areas.
There may be opportunity in less cheap areas, big cities or touristic costal areas still undeveloped. But there the issue is dealing with local authorities, that again are not friendly to any entrepreneurial initiative. Recently in some costal areas some new touristic resorts have been built, this is maybe something to look at..
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Anything better came up?