AAII - West Suburban Sub-Group in Naperville, IL . . . Newsletter & Information Blog

Tuesday, August 22, 2006

How To Become A Dysfunctional Investor

From the pages of Details magazine we learn that trading on the Iraqi Stock Exchange (ISX) is dangerous, because of limited foreign investment (and unlimited bombs), but the index posted an annual 45 percent gain as recently as 2000. Only citizens and expats can get accounts, but the exchange may open to foreign investors by year-end. The smart money is on financial-service stocks. Down the road, consider manufacturing, construction, and real estate. Eventually, hotels and tourism could be market drivers.

Note: Dysfunctional investors should also consider Zimbabwe, Lebanon and Kazakhstan.

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