I got a risky idea for those of you who like to take risks with money (1 Viewer)

[128shot]

Well, I've only been rolling it around in my head for a few days. So here it is.


How about buying up land in Lebanon right now? Its probably going for dirt cheap in some nice areas and the value, if peace is stable, should go up should it not?

Or how about milking it for all its worth and start a construction company and bid on re-building projects?


Just a thought.

 

[Kandahar]

Lebanon is not just a war-torn United States. Property rights don't exist in all parts of the world, especially the Middle East.

Even if this was a good investment (which I highly doubt) there's no reason to think that you'd be able to buy land there, or that you'd be able to keep it and reap the profits from it.

 

[Simon W. Moon]

W/o a stable govt, there's no enforcable guarantee that your property rights would be respected, ie you'd be able to sell the land instead of having it just taken from you by squatters or what have you.

 

[128shot]

W/o a stable govt, there's no enforcable guarantee that your property rights would be respected, ie you'd be able to sell the land instead of having it just taken from you by squatters or what have you.

its possible.

Then again, Coca Cola got away with a bottling plant in Somalia...


Hey, I'm just tossing it out there. they say post war and pre-war are good times to make money.

 

[Simon W. Moon]

its possible.
Then again, Coca Cola got away with a bottling plant in Somalia...

Hey, I'm just tossing it out there. they say post war and pre-war are good times to make money.

Coke has the assets to acquire the muscles necessary to protect what's theirs. For us humble, ill informed foreigners, it'd pretty much be ******* good money after bad.

 

[128shot]

Coke has the assets to acquire the muscles necessary to protect what's theirs. For us humble, ill informed foreigners, it'd pretty much be ******* good money after bad.

eh, anything sounds good at 3 in the morning hehe.

 

[flaherty12]

Coke has the assets to acquire the muscles necessary to protect what's theirs. For us humble, ill informed foreigners, it'd pretty much be ******* good money after bad.

actually, coke took a huge risk. they built their factorys around the world in the middle of ww2 so american troops could have coke. theese factories were right near the front lines, and if america would have lost the war, coke would have been f**ked

 

[Jay R]

I've heard of similar get rich quick schemes using the Iraqi dinar. Right now it's worth slightly less than school toilet paper, the theory goes that you buy up a couple of hundered dollars of it and wait for the country to stabilise and it's economy to start growing. Once it reaches a decent rate of exchange you convert it back into dollars and cash in.

Laughed my arse off when someone suggested it, talk about taking a gamble. But buying property in unstable parts of the world, that's really a high risk investment. Assuming you could find someone willing to sell cheap, theres no guarantee that you will have any enforceable property rights. Plus the worst damaged areas of Lebanon are in the south, what happens when Hezbollah hears about American realtors speculating on Lebanese property? They may actually be involving themselves in that anyway, as a part of their re-construction pledge.

You could try it if you had a native Lebanese business partner though, someone who could blend in out there and get business done without rousing suspicion.

 

[bismitch]

Its a bad idea for a foreigner to get involved in the unstable parts of middle east. The people there might cheat you or maybe kill you if you walk down the wrong street. Plus this option would have a lot of political risks. This area could never settle down or your property is taken up by a new government and sold to gather more money. Some of the more stable areas of the middle east might be a better option.

 

[Captain America]

I gotta better idea for those who like to take risks with their money. Send it to me.