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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Lizzie Tudor who wrote (7221)12/8/2002 10:41:58 PM
From: SouthFloridaGuyRead Replies (1) of 306849
 
NAFTA wasn't implemented until the mid 1990's. Since then, the Mexican economy has performed quite well.

In the late 80's, early 90's, Mexico was in a transition phase. It was part of the failed Latin American model I touched upon in my earlier post; a model that was shackled by speculators and freewheelers.

Currently, I think Mexico is an excellent place to invest and is rapidly reaping the rewards of NAFTA.

Also, when I said investing, I did not mean to imply buying stocks, but private equity investing as well. With that said, I do believe the Mexican stock market will outperform G7 markets over the next 10 years.

A lot of good things are happening there both economically and culturally - especially with its natural linkages with Spain and Portugal.
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