Time to invest in Argentina "the land of silver"?

[marylander1940]

4 hours ago, MscleLovr said:

And the monthly rate of inflation has been published as having fallen to only 20% !

You can't lower inflation from one month to another, it might take dollarization to do it within a year. 

[+ WilliamM]

On 2/20/2024 at 4:01 PM, marylander1940 said:

You can't lower inflation from one month to another, it might take dollarization to do it within a year. 

Please don't make the mistake of putting the economy over  the safety of the  folks who live in Argentina.

[+ Vegas_Millennial]

On 2/22/2024 at 10:39 AM, WilliamM said:

Please don't make the mistake of putting the economy over  the safety of the  folks who live in Argentina.

How would one do that with their personal investing?

[Constantine]

European stock ETFs are the best way to profit from growth in the global south. EM stocks are way too risky but you can bet that people in those countries will be buying LVMH and Hermes products.

[NJF]

Argentina's annual inflation soars to 211.4%, the highest in 32 years

APNEWS.COM

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Argentina's statistics agency says the country has registered a monthly inflation rate of 25.5% in December...

The real news is the highest inflation in the world.

[marylander1940]

 

 

Stocks Rally in Argentina After Free-Market Bill Passes

Good news! I guess we missed the chance of investing but I'm sure things will keep getting better! Time to jump and buy stocks in YPF? 

 

Edited June 13, 2024 by marylander1940

[+ Vegas_Millennial]

2 hours ago, marylander1940 said:

 

 

Stocks Rally in Argentina After Free-Market Bill Passes

Good news! I guess we missed the chance of investing but I'm sure things will keep getting better! Time to jump and buy stocks in YPF? 

 

The "rally", a 3% gain, is hardly a missed opportunity.  But it's an optimistic sign that the country is finally headed in the right direction again after a failed century of socialists.