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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: sandeep who wrote (32979)9/12/2000 12:27:28 PM
From: IQBAL LATIF  Respond to of 50167
 
<<If only you help us how to make beaucoup (sp?) money!!>>

Borrow $'s sell them and buy Euros or frf, get on a plane and come to Paris and buy a 215 sq m apartment on Ave Foch for 9 million frf leverage deal would be even better, now 1 $ is = 7.59 frf, I think the apartments on Foch will hit the old highs of 60,000 frf/sqm in next 18 months, now you buy them at 42000 frf/sqm, you have capital gains plus if frf strengthen ( that I think it would by 2001 summer you may see) a 15% gain on the currency, at that point borrow on your apartment in frf and repay your $ loan, you would realise capital gains on assets and currency gains on $, however same can be done by buying euro land stocks.. it is risky but that is exactly what I have been doing this morning, walking on the streets and making offers.. hard but rewarding work..gg