RE: Slow and Steady: Utility Company Dividends
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I'm sorry there aren't as many investments in your country. š
Are you able to invest outside of it, or do they heavily control that also?
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You can invest in my country, but you have to be careful during times of crisis. There's also access to many stocks listed primarily in the US and Europe through programs similar to ADRs.
I have friends who left America to move to Argentina the investments are so good right now. The reason the libertarian government who came to power years back raised rates so high is to save the currency, I have 50K invested myself with Doug Caseyās company private listing now worth 110K in 3 years time. Obviously itās a concern in a communist government comes to power again years from now, but complaining about raising rates only fine to save the currency is short sighted no? @diegoloco ? Itās a miracle you got a libertarian administration after decades of 100% plus inflation and no growth. This current climate is prime for making investments, you needed the currency to become more stable and thatās why rates needed to go up. I know Americans who moved there just for opportunity and has owned property there as investments anmong biz investments and watched it thrive the past 3 years. You have the best opportunities in all of South America right now,. There will always be fear of fall back to a leftist communist dictatorship coming back one day, no doubt thatās legit longer term concern, but there are Argentina individuals making the best investments of there lives right now with a administration finally fighting inflation and saving the currency among getting rid of the previous administrations anti biz & freedom policies. You really want a return to lower rates and for currency to go into hyperinflation again? The opportunities are once in a lifetime type with a administration finally going anti communist and pro capitalist. Itās not risk free but here in America Iām watching Americans move there for opportunity not other way around which is wild and amazing. Obviously it is painful to stop inflation after decades of corruption & anti capitalist administrations, but thatās only way to change things for long term. Saving the currency is longer term the most amazing thing ever. Iām likely planning to return to visit in late 2026 or 2027, we should grab lunch.
I follow Doug Casey fod years. Heās living full time in Argentina right? Iām not invested but I listen to his podcast. Heās been telling all his listeners to move to Argentina for the great opportunities! I agree rates going high to fight inflation isnāt something to look down on, without a stable currency thereās nothing. But just like here in America, thereās always many who donāt understand this stuff. I wish we had a chance at a libertarian president who actually had the power to cut spending like Argentina admin has. It would bring in massive amounts of positive growth and reduce risk. But even Trump whoās bot cutting anything making a real dent, the media cries about government spending being cut = dead poor people. Just ridiculous propaganda! I would love to see a real libertarian elected here in America along with a supportive congress. Trump and his hardly make a dent cuts didnāt Steve have support of most the republicans. Itās just all corrupt politicians who wanna spend until we are destroyed as a nation.