Diego Giol Internet and many other things

Well, obviously not everyone can get those returns, but let me tell you, I am seeing that happening over and over.

Let me show you some facts and numbers:

Argentina’s debt rating was upgraded by Standard & Poor’s again last week. For some of you, probably the last time you heard something about Argentina it was either because the national football team was playing an important match or it was three and a half years ago when the economy collapsed.

Well, since those days many things have changed. The economy has been growing almost at a 9% rate for the last three years. The stock market, the real estate market and some other sectors like wine exports and tourism have boomed at incredible rates. Last year, the fiscal surplus was around 3 % of the GDP.

These are some of the reasons why foreign investments in the country rose by 30 % last year. According to S&P the country is expected to grow in 2006 and 2007 as well.

If you are planning to invest there, the opportunities are immense but it is important that you find good advisers. In my case, I have found excellent international advisers that analyze every detail. I also have very good friends in those sectors and thay keep me up to date with the different opportunities.
Some sectors that I consider interesting are:

• The wine industry (it has been growing steadily for many years at high rates). Mendoza produces 70 % of the Argentinean wine.
• Real estate (inexpensive compared to international markets but with incredible returns).
• Partnerships and acquisitions (specially in growing sectors).
• Tourism (since the boom started only three years ago there are still many niches ).

There are still very good deals in to be made there.

Diego Giol