What's the best way to invest $100,000?

HalaMadrid

Well-Known Member
Orange Room Supporter
I heard good things about BLF and Fransabank, but I was told Byblos are in deep shit since their failed investments in Turkey or was that Audi can't remember.

Yikes. I think Audi has a Turkey subsidiary, but don't know anything with respect to Byblos.
 

NMA

Well-Known Member
buy 200,000,000 LBP....nem 3layon for a few months.....buy back USD when this circus is over and rate is back to 1500LBP for the $.
that's 33,000 USD profit in a few months. 33%.
catch'ing!
 

Mrsrx

Not an expert!
Staff member
wow this thread aged so weirdly sees how the crisis felt looming for over a year now and BDL continued when they were supposedly experts on the matter!
 

Manifesto

Legendary Member
Orange Room Supporter
By now you shouldve had your answer. Can you please tell us what it is. Forgive my pessimism.

The guarantee on deposits has been recently raised to $50,000.
So if you have a $100,000 deposit, and your bank defaults, you only lose $50,000.
Not bad.

(The guaranteed amount was only $3,000 before that. Imagine)


 

shadow1

Legendary Member
Orange Room Supporter
The guarantee on deposits has been recently raised to $50,000.
So if you have a $100,000 deposit, and your bank defaults, you only lose $50,000.
Not bad.

(The guaranteed amount was only $3,000 before that. Imagine)


That is fine and dandy if you find someone credible to guarantee the guarantor because he is the main cause of the problem in liquidity. Dude if I were a moderator i would have banned you by now for mistaking Swaziland for lala land
 

Mrsrx

Not an expert!
Staff member
The guarantee on deposits has been recently raised to 75,000,000 L.L.
So if you have a $100,000 deposit, and your bank defaults, you only lose $100,000 - exchange rate * 75,000,000 L.L.
Not bad.

(The guaranteed amount was only $3,000 before that. Imagine)
took the liberty in rewriting your post with a small tweak if you can spot it...
 
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