zinc
9 Aug 2012
Law / Investment advice - my options in Poland? [50]
Thanks for the suggestions guys,
I think property is out of my league, minimum in Wroclaw seems to be about 5k per m2, but it is I think the best investment here generally since rents are often high enough to cover mortgage repayments and prices keep going up.
Ziemowit's idea of spreading across three currencies seems a good one or at least 3 different baskets. And yeah grubus I think you're right about the fine print though I'm a bit overwhelmed every time I have to sift through it.
In terms of stocks I'm considering it, the problem for me is my lack of knowledge of the local market but it's much more rewarding on a personal level to buy and sell shares than fight with banks and fine print.
Anyhow, I started asking at a few banks today and the range of options is quite large, and sometimes I'm limited by being a non-permanent-resident which is a bit annoying. a friend suggested 'open finance' so I'll take a look there next.
Thanks for the suggestions guys,
I think property is out of my league, minimum in Wroclaw seems to be about 5k per m2, but it is I think the best investment here generally since rents are often high enough to cover mortgage repayments and prices keep going up.
Ziemowit's idea of spreading across three currencies seems a good one or at least 3 different baskets. And yeah grubus I think you're right about the fine print though I'm a bit overwhelmed every time I have to sift through it.
In terms of stocks I'm considering it, the problem for me is my lack of knowledge of the local market but it's much more rewarding on a personal level to buy and sell shares than fight with banks and fine print.
Anyhow, I started asking at a few banks today and the range of options is quite large, and sometimes I'm limited by being a non-permanent-resident which is a bit annoying. a friend suggested 'open finance' so I'll take a look there next.