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Conference taveng::bagels

Title:BAGELS and other things of Jewish interest
Notice:1.0 policy, 280.0 directory, 32.0 registration
Moderator:SMURF::FENSTER
Created:Mon Feb 03 1986
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1524
Total number of notes:18709

848.0. "Investing in Israel ?" by TALLIS::GOYKHMAN (Nostalgia ain't what it used to be) Tue Dec 05 1989 20:32

    	Does anybody know of established ways to invest in Israel?
    I am talking about a mutual fund, or a subscription in an IPO, or
    some such distributed-risk instrument. I know this may actually
    belong in Investing, but I thought I'd try it here first...
    	I believe the economy there is recovering, and what with
    selling off of Histadrut companies and such, there must be a need and
    a place for a smallish US investor there.
    
    DG
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848.1SUBWAY::STEINBERGTue Dec 05 1989 21:098
    Re: .0
    
    The international edition of the Jerusalem Post, as well as other
    Jewish newspapers usually have ads for such investment instruments,
    as well as following individual securities.
    
    Jem
    
848.2a "chamber of commerce"SETH::CHERSONmaintain an even strainWed Dec 06 1989 11:587
    re: .0
    
    I believe that there is an Israel/U.S. chamber of commerce, or
    something like that.  Contact Zionist House in Boston, someone there
    would know.
    
    --David
848.3N.E.-Israel C of CCASP::SEIDMANAaron SeidmanWed Dec 06 1989 22:247
    Try

        New England-Israel Chamber of Commerce
        537 Statler Office Building
        Boston, MA  02116

        (617) 423-9510
848.4Just what the doctor orderedTALLIS::GOYKHMANNostalgia ain't what it used to beThu Dec 07 1989 12:463
    	Thanks, I'll give them a call.
    
    DG
848.5another possibilityTAVENG::GOLDMANTue Dec 12 1989 17:3715
   Yep, this is definitely the right time to invest in the 
   rapidly healing Israeli economy.  It's a solid alternative 
   for those of you who just can't take the time off for a 
   weekend in Atlantic City.  You can send checks or money orders to:

	Holy Land Investments Unlimited
	c/o Goldman
	69 Hapisga St.
	Jerusalem, Israel

   A full info packet explaining all your rights, privileges and
   earning potential will be mailed to you within two working days.
   You will also receive a certificate, suitable for framing, 
   attesting to your investment in the Jewish Nation.
848.6NOTIME::SACKSGerald Sacks ZKO2-3/N30 DTN:381-2085Tue Dec 12 1989 17:401
    Look out!  Somebody might take you seriously!
848.7What goes down must come up.TALLIS::GOYKHMANNostalgia ain't what it used to beTue Dec 12 1989 17:5311
    	Buy at the bottom...
    
    If I could figure out how to buy a piece of real estate along a major
    road in Lower Galilee, (by remote control), I'd go for it. Where are
    all those former compatriots of mine going to live? What do you think
    would happen to a real estate market that suddenly gets an injection
    of 10% more urbanized professionals? What do you think happens to an
    economy of a small nation that suddenly gets a 100,000 well-educated
    engineers, mathematicians, doctors, etc.?
    
    DG
848.9NOTIME::SACKSGerald Sacks ZKO2-3/N30 DTN:381-2085Tue Dec 12 1989 19:067
>                                         What do you think happens to an
>    economy of a small nation that suddenly gets a 100,000 well-educated
>    engineers, mathematicians, doctors, etc.?

They get a lot of over-qualified taxi drivers?  Am I mistaken, or aren't
Soviet Jews in the U.S. having problems finding jobs in their chosen
professions?  Will it be any different in Israel?
848.10there's no lowEST - there's always lowERTAVENG::GOLDMANTue Dec 12 1989 19:078
>                                         What do you think happens to an
>    economy of a small nation that suddenly gets a 100,000 well-educated
>    engineers, mathematicians, doctors, etc.?
    
 It promptly goes bankrupt, takes out mega-$ loans, and then 
 spends the next decade building and infrastructure to allow 
 it to return to it's former glory.
848.11After the first few months...TALLIS::GOYKHMANNostalgia ain't what it used to beTue Dec 12 1989 19:514
    	Gerald, you are mistaken :-) Have any idea how many are in Boston
    area's Computer Industry alone? Well over a thousand...
    
    DG
848.12BOLT::MINOWPere Ubu is coming soon, are you ready?Sat Dec 16 1989 12:568
>                                         What do you think happens to an
>    economy of a small nation that suddenly gets a 100,000 well-educated
>    engineers, mathematicians, doctors, etc.?

In New York City, they all opened grocery stores.  Of course, these
were Korean engineers, mathematicians, doctors, etc.

Martin.
848.13They are arriving at 400-800 PER DAY now.TALLIS::GOYKHMANNostalgia ain't what it used to beThu Jan 04 1990 13:445
    	The first method of employment - housing-building cooperatives are
    being formed, and the new olim are employed/paid by these coops to
    build housing for their own families.
    
    DG
848.14King David Fund is active in IsraelNWGEDU::RODENBURGEd. Services, The NetherlandsWed Feb 21 1990 19:017
    
    I entered some information in note #888 about a Dutch investment 
    fund, the King David Fund, active in investments only in Israel.
        
    Maybe you are interested..
        
    Joop