I stumbled upon this forum website on investing in Iraq and thought I’d share it. I’m not sure I’d trust sending money to an unknown bank in Iraq to invest in Iraqi Dinars, but I’m sure the potential for huge profit is somewhere. I wonder what the track record of post-war economic turnaround is.
Anyway, going along with this theme I’ve started to slightly decrease exposure to oil/energy stocks (which are up big time for the year) and move them into foreign-based fund/indexes. One I’m using for the first time is the Emerging Markets 50 ADR Index Fund (ADRE) which invests in American Depository Receipts of large foreign companies that operate in developing markets.