el_expatriado
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- Jun 6, 2005
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camberiu said:Dude, are you running a conglomerate or something?
Nope, not even close. I'm just a normal entrepreneur who prefers to invest in small businesses and start-up companies. That means a lot more hassle, lawsuits, employee issues, etc. But the return can be much better. Most people take their savings and put them in the stock market, etc, but I prefer to invest in local businesses where I can go speak with the manager and have a say in the results.
Here in Argentina I have investments in an internet/software company, two restaurants, and two taxi companies. I have $0 invested in publicly traded companies like most people do.
You know it is possible to invest in Argentine small businesses for very little money and they can provide an excellent ROI if managed right. I highly recommend it. Just to give you an example... a restaurant can be purchased for $50-100k USD and a taxi for $40k USD. So it is not that big an investment and when run properly each of these businesses will produce 25%+ ROI in dollars.