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NunoSempere


				

				

				
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joined 2022 September 10 10:19:29 UTC

				

User ID: 1101

NunoSempere


				
				
				

				
0 followers   follows 3 users   joined 2022 September 10 10:19:29 UTC

					

No bio...


					

User ID: 1101

So, I've been living in Paraguay since February 2024. I've recently started giving some thought to where to put my money. Paraguay is attractive because it's soo capital starved. I have $140K to deploy (I've put a different chunk in the stock market)

Some options:

  • Real state. I can buy a large appartment in a good neighbourhood for $80K, or a small apartment in a less good neighbourhood for ~$30K. A house in a good neighbourhood is a bit outside my budget ($170K), but a house in a less good neighbourhood wouldn't be (<$100K). A single apartment in a good zone has the that it can be either investment or consuption, i.e., I could try to rent it and if I don't just move out of my current apartment. A friend also pointed me towards allotments, i.e., buying up a larger territory and dividing it up into lots for houses which people buy on installments; apparently this is very profitable. Another possibility is to buy houses "de remate", i.e., which have been expropriated for people because of debts &c. These can be significantly cheaper but require paying 50% upfront.
  • Local businesses. They are generally very very capital constrained. For instance, I'm turning a food stall across the street into a larger restaurant (the guy's family owns the land). Another option is to rent motorcycles, very profitable if I can put up the capital and let someone else take the hassle. I expect this kind of thing is super profitable, the problem is that finding local businesses just takes a lot of time, trust building and relationship building.

Overall I see Paraguay as growing rapidly and thus I see an opportunity there, but I'm confused about what shape that takes for me. I'd appreciate thoughts, reading recommendations, etc.

My forecasters are split:

Forecasters now believe there’s a 52% chance (range: 36% to 65%) that the US will carry out an airstrike on Venezuelan soil before December 2025, down from 61% last week.

How can I answer a question like that? Are there plans for a strike on Venezuela? Who would say that? Supposing there were. Would I say that to you? “Yes, we have plans, we have very secret plans!” Who would say that? You know, what kind of a question is it?—Trump