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December 31, 2004
Where in the World to Invest Your Capital
I'm not so sure I know where the best place in the world is to invest capital but one look at the following chart might give a clue. I removed the title until you have had a chance to salivate over the opportunities;
If proven investors like Templeton Funds and the major oil companies of the world have been falling over one another to get their investors' capital to work here, it seems like a good place for me to noodle this week to see what I can come up with for you.
I like noodling. Moreover, I like to find successful investment and trading opportunities and I like putting it all together " no strings attached " for you. So, be alerted to the fact I will be writing a fair bit about this market in future.
This is a national market whose index of 70 components stood at 1437.50 on January 3, 2001, and closed out trading today at 7600.40. Moreover on April 9 this year, the index peaked at 9239.15.
In any event, here are the companies I'll be writing about. It might not be dollars, but to keep score, there's nothing wrong with rubles.
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At the risk of being called a Socialist, this ought to be fun.
Happy New Year, and let's stay alive in 2005.
Posted by Posted by Bill Cara on December 31, 2004 12:03:34 PM | Category: Russia