Just a short note today. If you think investments are off because of the recession, then think again. The United States and Europe, including the UK, may offer restricted scope for investing, but there are other parts of the world not so severely affected by the recession.
Among these are South America and South Africa. South America, especially Brazil and Argentina, has a lot going for it if you know which kinds of company to invest in. South Africa is different altogether, with its infrastructure, since the end of White rule, going to pieces, but with the award of the 2010 Football World Cup there are bound to be opportunities – and there are.
So look around and see what you can find, but be prepared to find the most promising trades in the furthest flung corners of the world.
More soon.
Philip Gegan
