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investment in pakistan,

(49010)
   ZERO
Saturday, November 1, 2008 05:30 PM 
Reply: >
most are buying and multiplying money in dollars exchange.

national saving scheme by increasing profit rates also sucking lot of money with good returns

no scope for property now,only some for DHA as due to it reliability u may get some return after 10 years or more,because DHA are after all pakistani or working in pakistan with same problem

DHA have not any GIN or BHOOT who will develop your plot in no time,if develop by pakistani then save plot for your kids and that too in DHA

rest all propert schemes u will be trapped

so please donot invest in property if u have 1 or 2 plot,then pray GOD do not get LALUCH to double your money like DOUBLE SHAH

END OF ALL IS ZERO AND ONLY ZERO

ZERO WILL REMAIN ZERO
Jameel replied on Saturday, November 1, 2008 06:25 PM 

If you see in small time scale Zero is right but property work for long term, Property with good price and ground realities will give good return in mediaum to log term, My advice is
Buy property when price it at lowest level. How to fins is lowest see prvious trends.
Buy Gold when it will be below 10 ys lowest level
Buy UK and Euro when when they are at 10 ys lowest level as compared to US dollar, [UK Pound may soon touch that level],
Buy stocks when they are grossly undervalued,
All wise people buy when markets are going down and with patience hold till they get resonable profit, All people lacking wisdom buy when market are at peaks and sell at panic stages when merketare at lowest. There are may ways to judge whether markets are undervalkued or overvalued best is to see 3,5 ys old trends.
Why a property having good residential potential will give you loss when you buy at right price and sell with your terms and conditions/Time. But in short term there are no chances of Doubling the money in property that is correct.
Fahad Ahmed replied on Saturday, November 1, 2008 07:41 PM 

aoa

Dear Brothers and Sisters,

Its time to sale-off ur US dollars before its too late.
The value of $ was going up b/c US treasary need the money to finance the Bail-Out package ($ 700 Billion)
So there was a short term demand of US $ now they have started buying out the corporations and banks.


In 1st Phase they will spend $125 Billion and than 250.
Ones the supply of $ increase in the market price will go down.

2ndly ones Pakistan receive any Foreign Aid, We will have sufficeint amount of US Dollars comming in. Again over supply will push the price down.

So Sell it before its too late..
I sold mine yesturday.

take care

Allah haffiz
Rehman Asad ( USA) replied on Sunday, November 2, 2008 12:29 AM 

Dear Friends,

I agree with Mr. Fahad Ahmed!

I had written earlier also that dollar would never go to rs.100 as predicted by some persons! It is now going to settle around 74/75 rupees in the open market!

Dont buy property if you dont want to(although I feel this is an excellent time to pick up some bargains specially in dha lahore later phases: But only plots and not files!)But do sell your dollars and convert them into rupees ;otherwise you could lose a lot of money.

take care
Rehman replied on Sunday, November 2, 2008 06:41 AM 

My bet is that US $ may come to 78-79 in Nov 08 but int will get stabilized over 80. As there is a continuous current A/c deficit and Pak Exports will decrease in 2009 due to global recession
r replied on Sunday, November 2, 2008 09:42 AM 

I send 20,000 riyals just now through internet banking to my acc.in Allied bank.Every body who is visiting this site should send money to pakistan so that our consious is satisfied that we played some part in the time of crises.
SK replied on Sunday, November 2, 2008 10:01 AM 

AA,

Can someone please recommend a Pakistani (secure) bank that allows non-residents Pakistani’s open an account? I do not have an address in Pakistan but like to open a current/saving with a Pakistani bank.

Thanks
jj replied on Sunday, November 2, 2008 10:39 AM 

Standard Chartered Pakistan allows foreigners to open an account. I have 3 accounts there. The bank is totally secure. I don't know if putting money into a British bank actually helps the economy of Pakistan, though.
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