 |
|
|
#1
20-10-2006, 01:10
|
||||
|
||||
|
investing in a country?
I know there is funds that you can buy that
"theoretically" buy that country, meaning I am betting in that countries economic growth would anyone know of any good places to go to look for funds offered in certain countries? 
|
| Guest Info |
|
+:+:+ Forum Headquarter +:+:+ |
|
#2
20-10-2006, 01:50
|
||||
|
||||
|
Do you mean funds offered in US/Canada that trade in foreign countries, or are you looking for funds in the actual countries you are interested in?
Also, why not just trade the currency, if you're betting on a country? I know, answering a question with more questions is not an answer, but the OP is vague. It may be best to specify the country as well. The TanMan
|
|
#3
20-10-2006, 01:54
|
||||
|
||||
|
Quote:
i dont think buying the currency is an exact way to bet on their growth anyways, i am interested in Ireland
|
|
#4
20-10-2006, 02:28
|
||||
|
||||
|
Quote:
I would look at some of the Gulf states. Abu Dhabi in the UAE for instance is still small,but has plans to grow in the same way Dubai has. Brand new rail systems, hotels, marinas,and unlimited money to fund it all. For instance, Etisalat is the one and only telecommunication company there. They control ALL the mobile and fixed lines in the state.The shares when originally floated were ridiculously low,but someone close to me made an absolute killing . I reckon that is the place to keep an eye on.
__________________
I want to die peacefully in my sleep like my Granddad Not screaming in fear like his passengers
|
|
#5
20-10-2006, 02:33
|
||||
|
||||
|
Quote:
I will look into it. I made a good amount in India last year
|
|
#6
20-10-2006, 02:35
|
||||
|
||||
|
Quote:
what is that Etisalat symbol and where does it trade, what market?
|
|
#7
20-10-2006, 02:36
|
||||
|
||||
|
Quote:
Not sure Paul,but I'll dig around and find out. Etisalat symbol? you have lost me there.
__________________
I want to die peacefully in my sleep like my Granddad Not screaming in fear like his passengers
|
|
#8
20-10-2006, 02:44
|
||||
|
||||
|
In the Uk we have ''Investment trusts'' and ''unit trusts'' (might be OEIC now?). These can specialise in certain countries. Maybe the best way forward is to pick a provider (e.g. Flemings, Fidelity etc.) and see what coutries they offer as specific funds.
Do you have a hot tip 
|
|
#9
20-10-2006, 02:50
|
||||
|
||||
|
Quote:
i found the symbol and market symbol is the stocker ticker they trade under like microsoft is MSFT and trades on Nasdaq
|
|
#10
20-10-2006, 02:51
|
||||
|
||||
|
Quote:
no, I understand that. im looking more for websites that may explain alot of these funds. no worries as far as a hot tip. just read an article on Ireland and piqued my interest and researched a little and am interested in researching further
|
|
#11
20-10-2006, 02:51
|
||||
|
||||
|
These three links are the best I can come up with Paul. Sorry,but I'm not "au fait" with share dealing so I'd best go and have a cup of shut the fcuk up
 Gulfnews: Business UAE - The Official Web Site - News Should you sell or buy Etisalat, ex-UAE telecoms monopolist? | GCC Stock Watch
__________________
I want to die peacefully in my sleep like my Granddad Not screaming in fear like his passengers
|
|
#12
20-10-2006, 09:21
|
||||
|
||||
|
Be careful at looking at the 'celtic tiger' economy as its had a really good run over the last couple of years.. Tend to worry about buying after such a run..
__________________
Men have only 2 emotional states, hungry and horny.. So ladies, if you see me without an erection, make me a sandwich.
|
|
#13
20-10-2006, 10:09
|
||||
|
||||
|
Quote:
Agree it was on the news here the other day that the 'bubble' IS going to burst 5 years max..Already in my area 3 factorys have closed down in the past 2 months(600 jobs) due to soaring costs of gas/electricity. They just can't compete with eastern europe/SEA... House prices have rocketed in the last few years as well..Its bound to come to an end.. Dell computers have their euro HQ here too employing 6000+ They are currently setting up operations in Poland(cheaper economy) creating 1000 jobs over there..I can eventually see Dell pulling out of Ireland to set up there full time.... Things not so good in Ireland.......
|
|
#14
20-10-2006, 14:01
|
||||
|
||||
|
those funds were (are) pretty good for me
Snapshot (Fund Snapshots) | SmartMoney.com Snapshot (Fund Snapshots) | SmartMoney.com
|
|
#15
20-10-2006, 22:17
|
||||
|
||||
|
Quote:
who says im not shorting
|
|
#16
20-10-2006, 22:38
|
||||
|
||||
|
Quote:
You did in the OP, no?
|
|
#17
20-10-2006, 22:59
|
||||
|
||||
|
How do you short a fund or unit trust ??
Didnt realise you could short funds ?? I would guess its possible that some of the largest best known funds may have some outside action ??
__________________
Men have only 2 emotional states, hungry and horny.. So ladies, if you see me without an erection, make me a sandwich.
|
|
#19
20-10-2006, 23:25
|
||||
|
||||
|
In the US, you can short ETF's and closed end stock funds. They trade just like stocks because they are like stocks. Not sure if there are any devoted to a particular country, but there are some directed at certain "regions" of the world.
|
|
#20
20-10-2006, 23:26
|
||||
|
||||
|
EU Objective 1
I'm no financial guy but hasn't the Irish economy been pushed along very rapidly on the wave of EU Objective 1 funding? As the EU funding regime will change over the next 12 months as eastern Europe countries come on board the reallocation of EU funds to the lower gdp areas is being drawn up. Wales Objective 1 area is being reduced and I understand the percentage of grant aid will reduce.
So if the economy was primed by EU funds, moved forward significantly with EU funds/support what will happen when the EU cash is reduced? Just a view.
|
|
#21
20-10-2006, 23:32
|
||||
|
||||
|
Quote:
i know all about ETF's i was a specialist clerk for a short time in the SPY(spiders)
|
|
#22
20-10-2006, 23:43
|
||||
|
||||
|
Quote:
Thats what my dad has been saying/thinking...Ireland was getting loads of money thrown at it in the past few years, but from next year it will go from behing a net beneficiary to a net contributer so no more free money. Some crazy grant systems were going for construction, where my dad lives every man and his dog relies some way on building houses..
__________________
A fool and his money are a girl's best friend.
|
|
#24
21-10-2006, 00:17
|
||||
|
||||
|
Quote:
The Gulf states have too much look of 'bubble' for me - always have. Not to say there wasn't (isn't !) money to be made but too much subject to governement whim , too many people sitting on empty properties. I think if you really know the market there then are are some opportunities but personnally think that market has had it's day (for the moment at least).
|
