Where to Invest in 2009?
With stock markets and real estate prices falling down in both OECD countries and large emerging markets, it is time to look for more lucrative investments.
If you have a high-risk/high-return taste, look no further: Cuba and Zimbabwe fit the bill. Prices in both markets are low, thanks to the poor economic institutions in both countries. Yet both countries boast decent infrastructure, well-educated population (by regional standards), and, in the case of Zimbabwe, functioning judiciary. Both leaders are old: Robert Mugabe is 84; Raul Castro is 77. New leaders may be more interested in welcoming foreign investment.
The two countries came up on top of the list in a recent survey. If you have less taste for high risk, other selections include Azerbaijan, Colombia, Costa Rica, Ghana, Mozambique, and Vietnam. These economies already have taken significant steps to improve their investor attractiveness. Prices are rising, but many opportunities remain.
Comments (6)
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i think GHANA is doing good, but i still think SAO TOME is also good, because of the discovery of the oil people should invest in the economy because in a few years you would not believe what you will get.
Posted by: ADEFEMI Adedayo | Sep 8, 2008 7:14:28 PM
I understand that a press release showing the 2009 DBS indicators has been circulated? Does anyone know about this or have a copy?
It seems a bit odd that other stakeholders have not been given this, so that they can respond to any questions!
Posted by: Alex | Sep 9, 2008 4:58:23 AM
Your prediction looks rather realistic. I also would like to mention, that all these countries have a good climate and they are practically unknown to modern tour industry.
Posted by: mummy | Dec 10, 2008 12:57:46 PM
Per a recent post, invesing in Cash or a diversifed ETF is probably the best bet now.
Posted by: Andy | Dec 11, 2008 2:47:54 PM
Just look on Moldova and Transnistria region. That is Eastern Europe, the territory of ex-Soviet union. Highly educated people, nice geographical desposition (it borders EU and some preferences are provided) and people,ready for hard work.
Posted by: Vadim | Dec 23, 2008 5:50:41 PM
yeah vadim your right people there are really hard working , i my self went there about 2 years ago it was great pleasure going to such a beautifull place.
Posted by: john beck | Dec 26, 2008 1:07:45 AM