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Get rich quick. Invest in Mongolia. You heard it here first.

Comments

  • snowqueen555
    snowqueen555 Posts: 1,590 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    and how does the average low salaried joe invest in these markets?
  • System
    System Posts: 178,431 Community Admin
    10,000 Posts Photogenic Name Dropper
    There are plenty of unit trusts specialising in Asian markets. Read the prospectuses and find one that considers Mongolia a fruitful area.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • Reaper
    Reaper Posts: 7,357 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I doubt any of those Asian Unit Trusts will cover Mongolia. There is one American fund I can see Firebird Mongolia but that's about it.
  • I heard that a year ago. Faber is setting up a mining company in Mongolia I think called ivanhoe and its listed on TSX
  • amcluesent
    amcluesent Posts: 9,425 Forumite
    And they're canny with their money, who hadn't heard of the Mongol hordes?
  • amcluesent wrote: »
    And they're canny with their money, who hadn't heard of the Mongol hordes?
    I'd misheard - I would have been out there like a shot til I realised there was a near-silent "d"... :(
    You've never seen me, but I've been here all along - watching and learning...:cool:
  • um, and is Mongolia Emerging or Frontier...?

    Remember Heart of Africa? Or even the Alamo?

    Think I'll avoid bleeding edge investments for now...
    You've never seen me, but I've been here all along - watching and learning...:cool:
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