I know this space is usually reserved for cryptocurrenices but I have an alternative for people still interested in assets that are actually worth money.
Brazilian stocks. The real, All depressed since they recently emerged from recession. Trump tariffs on steel, and 'uncertainity' on election day, in two months. Commodity prices are still low, Brazil announced harsh austerity measures, written into their constitution, evem.
There are no presidential candidates likely to win besides Bolsonaro and Alckman. All pro-business, the runner-ups are all neutral, but Brazil is going to go through a secular economic recovery anyways. Commodities have bottomed,
Brazilian stocks you buy off the exchanges in the USA are really just guarantees on Brazilian stock. ADRs, or securities purchased in USD for a entity that holds stock in those companies. They fluctuate with the exchange rate, now a Real costs 0.23 USD. Normally trades around 0.35. Easy money.
If Bolsonaro wins, expect a huge 50-200% increase in BR stocks.
Never say you never knew of the opportunity in 2 years.
>I have an alternative for people still interested in assets that are actually worth money. >Brazilian stocks top keks OP
Eli Butler
Yeah,exactly! That's when you know to invest. Brazilian economy is a tremendous thing, bigger than Russia's. Millions of people buying and selling.
Yeah, but discard that, make a bet those virtual tokens in an Internet blockchain ledger system market is much more secure than the 7th largest economy in the world.
I will top-keks at you in 4-5 years.
Zachary Ward
Real is such shit right now, its ready for a upward correction and guess what you buy with a lot of USD? A lot of ownership in BR stocks, BR resources, which will rebound off the historical lows they are at now.
I hope the BR monies get even shittier, I'll buy more, I'm prepared to go balls-deep in . This is an investment of a lifetime, especially if Bolsonaro wiins. Buy low sell, high, idiots. Read the writing on the wall.
Adam Rogers
>which will rebound off the historical lows they are at now. unless someone bombs them or they experience terrorism or revolution
Landon Cox
>Brazilian stocks either you're wrong and I laugh at you or you're right and I laugh at myself win-win thanks OP
Ryder Nguyen
History has show us that the only time it is worth investing in Central or South America is when extreme right wing fascists are in control.
Let us know when Brazil has their own Pinochet or Videla. When commies are being helicopter air dropped at sea, I'll will be the first person buying stocks.
Anthony Martin
>I will top-keks at you in 4-5 years delussional, Have you not seen what is going on? longing any stockmarket right now is not a good idea....especially over a 4-5 year time horizon. just stick with btc/crypto
Carson Taylor
Thanks, op.
Chase Flores
>Terrorism >Latin America Guy, there is only a tiny, closely monitored and hated Islamic minority in Brazil.There is no terrorism and likely will never be. Nobody hates Arabs more than Brazilians, they only need to have turned on a TV or read a newspaper in the last 20 year.
I'm going balls deep in Brazil. Either I laugh at you for missing out or I laugh at myself for playing capital allocation outside of (((their))) control or game. Or I misjuge the depths of the commodity price depression.
Either way, lulz are had, so it's an investment in that.
