Argentine Investments

[LuckyLuke]

Seven years ago it was in the 300s. Three years ago in the 800s.it ran up to 2600 recently.Now its backslide a bit as growth stocks tend to do. That's why we dollar cost average, Unlucky Luke.

Are we talking about the same stock?

 

[LongtimeExpat]

Are we talking about the same stock?

View attachment 10756

The very same. Everything he said was true. You can see part of it in the five year chart you posted. If you posted seven years, you'd see that it was actually lower than 300 seven years ago.

 

[LuckyLuke]

The very same. Everything he said was true. You can see part of it in the five year chart you posted. If you posted seven years, you'd see that it was actually lower than 300 seven years ago.

"Dollar-cost averaging
(DCA) generally does not increase total returns compared to investing a lump sum immediately, but it does lower risk and reduce volatility. Because markets tend to trend upward, investing all available capital at once typically yields higher long-term gains. DCA works best for managing market anxiety and avoiding timing errors during volatile periods."


But hey...don't let me interrupt the high-fiving...

 

[LongtimeExpat]

"Dollar-cost averaging
(DCA) generally does not increase total returns compared to investing a lump sum immediately, but it does lower risk and reduce volatility. Because markets tend to trend upward, investing all available capital at once typically yields higher long-term gains. DCA works best for managing market anxiety and avoiding timing errors during volatile periods."


But hey...don't let me interrupt the high-fiving...

I didn't say anything about dollar cost averaging. I just said that the chart you showed reflects what the other poster said. Nothing more, nothing less.

 

[carride]

View attachment 10755

PAMP has done well, though you are showing us the peso value increase on the BCBA market. After depreciation the 5 year increase is very good at more than ~500%, but not the ~6000% people might imagine. Which is also similar percent gain of its mirror ADR PAM stock in the US NYSE exchange

YPF and Banco Galicia have been even better on the BCBA exchange

 

[neurofly]

Howdy folks,

I think we are long overdue on a helpful post for existing and expectant expats. My inquiry is whether any of you are investing in anything down here. Stocks, Bonds, Plazo Fijo, Carry Trade, Businesses, Real Estate, Import/Export, State embezzlement (just kidding), etc.

Tell us a little about it and what returns you are getting. Great inquiring minds (mine) would love to know what unexpected windfalls or silver linings you have found down here.

Personally, I've been investing in apartments in Neuquen for the past couple years. The properties require a lot of fix up and it requires knowledge of the rental market, but the returns have been good, especially with the strong peso. I'm currently yielding 19% returns on my investment thus far, though the favorable exchange rate is anyone's guess.

I am a small investor, but I have invested a few times in "Plazo Fijos", mostly to keep my idle money in the bank, which works for itself. I have tried various banks and all of them offer the same interest rates.

 

[LuckyLuke]

PAMP has done well, though you are showing us the peso value increase on the BCBA market. After depreciation the 5 year increase is very good at more than ~500%, but not the ~6000% people might imagine. Which is also similar percent gain of its mirror ADR PAM stock in the US NYSE exchange

YPF and Banco Galicia have been even better on the BCBA exchange

Excellent point...it's difficult the gauge the "real" appreciation when it's in ARS.

 

[LuckyLuke]

I am a small investor, but I have invested a few times in "Plazo Fijos", mostly to keep my idle money in the bank, which works for itself. I have tried various banks and all of them offer the same interest rates.

I would love to know how that's working out for you. I often hear the IMF complaining that the government needs to be offer "positive" interest rates to squash dollar speculation. I assume by positive, they mean rates that exceed the depreciation of the peso. With the dollar so frozen, I would think the current rates are easily outperforming it.

 

[Reversegate]

Bit of a side track here.

I am not hyper-clever on stocks and have a bit of a situation going with the estate of a deceased person.

For Americans who know, it's about PFICs.

Am I right in thinking that there is no way in the world that Petrolero Brasileiro aka Petrobras could be classified as a PFIC?

Petróleo Brasileiro S.A. - Petrobras CEDEAR (PETRD) - Overview

Comprehensive market data for Petróleo Brasileiro S.A. - Petrobras CEDEAR (PETRD). Explore various metrics, charts, and historical data to make informed decisions.

twelvedata.com

Yes it's all about tax reporting