Great advice! Whisper from a multi-millionaire …
Here is a whisper I heard from a multi-millionaire today:
“I would spread the money on a few different projects. I’d start by investing £100,000 in property in Ajman, Dubai, as there is a lot of development taking place there. I would wait three years and expect to see a return of around 35 per cent.
I’d then put £200,000 in the Bombay Stock Exchange, because in the past three years it’s more than trebled in value. I’d expect to see a 50 per cent return from a short-term investment of one to two years.
Despite the bad news in the US, I believe the dollar also represents a safe investment. I would spend £200,000 on buying dollars, wait for the exchange rate to go down and for the dollar to strengthen, so my original investment would be worth more.”