Turkish Stocks

robertbanking

Hello you very wonderful and intelligent people that make up this forum. I sincerely hope you are doing well.

I was wondering with US stocks being so overvalued and valuations being sky high about alternative stock markets. I was reading various articles that the Turkish Stock Exchange was significantly undervalued. Obviously the normal due diligence on stocks would need to be done such as analysing Annual Reports, Management, Industry Economics for instance. I kindly wondered please has anyone invested in any alternative stock exchanges from the main ones such as UK, US, AU, Hong Kong etc and experienced any good results please? If anyone could kindly get back to me on this i would be forever grateful and thankful for your support with this.

Sending you lots of good wishes and i truly wish for the very best for you and hope you achieve massive success with your investing. Take care.  

aroominyork

Maybe those of us who were unsure whether robertbanking was having a laugh (anyone remember Henry Root?) are no longer straddling that fence. Well done robertbanking for stringing us along for so long.

eri1964

Turkey's stock market is really volatile actually. In order to get a good grip of how it works, I think you should be really involved with daily news,  local updates. The price movements depend on political developments too and believe me, it is really hard to guess which will be the government's next move. Plus, god knows what will happen with the status of local currency turkish lira. So you can invest 1K, which will be nearly 30.000 turkish liras and you can double it maybe in couple of months but if turkish lira devalues again and you basically won't profit anything. 

Bostonerimus1

This sounds like a good idea, NOT, volatility, politics, currency risk and the practical difficulties all loom. I hope this is a troll as if it's for real, "massive" failure is a strong possibility.