Royal Spa
Toronto Escorts

Greek Stock Market

Rockslinger

Banned
Apr 24, 2005
32,783
0
0
Does anybody know how the Greek stock market has done over the past 10 years? I remember a few years ago, my broker said one of his clients took all his money out of the TSX and "invested" it in the Greek stock market where he made 70% that year.
 

21pro

Crotch Sniffer
Oct 22, 2003
7,830
1
0
Caledon East
I looked into it briefly in 2000, but didn't like their disclosure rules... alot of movement was available to corporate secrecy in Greece- my mortgage broker invests there, but only because that is where he got his finance education and he knows the rules and the players very well in his native land- he was both the reason that peaked my interest and the first to caution me against it. Perhaps, much of the securities laws in Greece have changed, that I know nothing of and perhaps another 'player' may comment. As for foreign stock exchange exposure, I've only tried Mexico, Israel, Egypt, the UK and Russia and mainland Germany....but, I do have more foreign exposure through larger companies listed usually on the NYSE.

If you have some inside knowledge, that prevails over all... as with any investment. Keep in mind, I myself have made over 70% twice in my investing career on the TSX, but over 60% 4x's, over 12% 11x's since 1992. and that is enough alone for me to not venture to heavily anywhere else. 12% is the return that I feel as a worthwhile 'goal' as it is mostly easily achievable, consistent, and worth the time I put in compared to more passive investments.
 

Rockslinger

Banned
Apr 24, 2005
32,783
0
0
I've only tried Mexico, Israel, Egypt, the UK and Russia and mainland Germany...
I was curious about Greece because it is the worst of the "PIGS". I always wondered what happens to the stock market of a bankrupt country.

Here is a joke, circa 1998, about the Russian stock market. Guys said he made 200% in 1997 and lost 100% in 1998 in the Russian stock market, so he is still up 100%.
 
B

burt-oh-my!

I've heard the Greek stock market is real shitty, and has very tight restrictions.
 
Toronto Escorts