Invest oil money in real estate properties
Nearly everyone (except for babies of course) knows that land is a fixed commodity. It cannot be created, not unless you are God or you go for land reclamation from the sea. Most will know about the expanding world population and therefore increasing demand for real estate properties. Any 1 cent economist can tell you what happen to prices when demand increases but supply remains fixed or even decrease. It will increase, if not rocket sky high. So I thing the best investment for oil-rich Middle East countries is to invest in real estate properties.What kind of real estate properties to invest in?
The obvious answer will be to invest in properties that is cheap, popular and therefore easy to sell if you ever need to sell, and of course has a very good prospect of prices increasing. Now I wonder if Nicaragua land is a good bet. That website compares Nicaragua beachfront property with stunning ocean views in Malibu or San Diego 100 years ago at amazingly low prices. Yes, I can imagine. I could have bought those properties at dirt cheap prices and now reaping the fruits of that golden investment. Unfortunately I am only 59 years old, so even if I had been born 100 years ago, I would not have the money to purchase those gems.But now Nicaragua beach property offers you just that kind of situation if you believe what they have to say. The website says there are hundreds of miles of beaches identical to the California Coastline beside the Pacific Coast and that are why it is one of the fastest growing investment opportunities in real estate today.
Don't like seaside properties? No problem. I understand they have other types of Nicaragua real estate.
How I wish that I am a Middle East oil baron, but still, I have been teaching my sons to choose to be happy and content with what you have. But if you have the means, and I don't think you really need to be a Middle East oil baron to be above all those investment opportunities mentioned above.
