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Old 22-03-2007, 11:34 AM
Goldberg Global Goldberg Global is offline
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Join Date: Mar 2007
Location: Spain
Posts: 749
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I think Sarah, makes good points in some of her listings previously with key questions like tax, income potential etc.

Why are people so keen on morocco, every moroccan is trying to leave the place and get to europe so why are people so keen on this place. Dubai, has had its day, there are alot of sweetners in the market, it is build, build, build, how many people want to go on holiday to dubai and somewhere down the line the bombs go off. It is very controlled market with not many developers. Clever people in this part of the world for what they have achieved but the bubble there will burst.

Sarah you have done well in a market Florida where the is saturation of rental properties so well done to you. (Did you mention how much tax have to pay on income, is it 30 or 40% or do you underwrite it with the mortgage interest) Property funds that one of the other guys invested in, Estonia, Tallin etc, how can you trust someone else to invest your money better than you? They are making money on your money with zero risk to them. I would prefer to be in theire shoes than yours, they have 100% upside with zero risk. Classic get rich on someone elses money scene. I think you will be ok as the markets are going upwards but not an investment strategy I would go into . ie. manage your own money, dont let others manage it for you.

Having and doing business is some north african countries, other than the threat of bombs, Egypt I find to be an interesting situation. They have signed a peace agreement with Israel. Red Sea big tourism. Cultured and Civilised people, alot of history, educated. Or some South American countries.

Again your investment depend on what you want out of them. i.e. Pure Money or other attributes too.
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