JackB wroteI've been looking for good investment opportunities in Lebanon for the past year, but can't find anything interesting. I'm getting 6% yearly interest on my Lebanese pounds in the bank, so I'm looking for something with a yield above 12% to make it worth the extra headache. Ideally I'd like something without any management time from my side. Any ideas? (please don't tell me real estate...)
I am in the same boat as you and I'm getting slightly more than 6% (6.5+ as the amount increases) from Fransabank.
I moved back from Canada 1.5 years ago where I used to be able to invest in mutual funds. I studied the markets very well with a financial advisor and we made some very educated purchases which netted me 21% and 25% for 2013 and 2014, respectively.
I can no longer invest in these mutual funds as I am no longer a resident of Canada even though I am citizen.
So, I've been investing in LBP in the bank until I have enough money and a good business plan to start something on my own.
Any other thoughts?