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Old 21-07-2007, 02:52 AM
AustralianInvestor AustralianInvestor is offline
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Join Date: Feb 2007
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Quote:
Originally Posted by robh View Post
as the quote by Baron Rothschild goes: The best time to invest is when there is blood on the streets.
I totally agree. Best time to invest is when there is panic and kayos. A few months ago I met an Iraq ex pat and he said that he purchased his families houses in bag bad just before the Iraq war. Prices disintegrated to 4000US, he says now it is worth 400,000US.

Not sure how credible this is though, as I just met the bloke on a one off occasion. He also said that he will be investing in Syria as well.

Way too risky for me, but if i new the language and had connections over there I would research more as it well maybe very lucrative.

He also stated that you cannot purchase over net, you have to actually visit the country.
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