Quote"Twelve years ago, Portugal eliminated criminal penalties for drug users. Since then, those caught with small amounts of marijuana, cocaine or heroin go unindicted and possession is a misdemeanor on par with illegal parking. Experts are pleased with the results".End Quote.
I have not seen drug usage here at all. Nor have I seen any beggars or homeless people. No drunks or any unsavory people at all since my move.
I was under the impression that Portugal was a third world country. Not so by far. They have the most sophisticated banking system compared to the US . and most EU countries. They have the most ATM's per capita than any other country. Almost one ATM per block. Even in suburbs. None get broken into ever.
I must say that this was the best move I have ever made.
Stocks have outperformed bonds by 9.84 percentage points during the last 20 trading days. This is close to the strongest performance for stocks relative to bonds in the past two years and indicates investors are rotating into stocks from the relative safety of bonds.
Public Investment Corporation PIC purchased 13.3% of MTA's shares in issue. After PIC's blunder with ABI, they had to pick a winner to make up the loss. By the way, PIC also bought 10.2% of CML shares recently. I think PIC is watching my portfolio.
In my view, those are poor performing funds for long term. If you actively invest in funds that are relatively immune to market downturns such as non cyclical stocks that I will mention bellow. The STX40 has only averaged 7% pa since 2008. That is in my mind a poor performance compared to the the stocks that are immune to corrections. On long term, you will exceed 36% pa that these stocks have been achieving for years. EOH NPN SHP TRU
This is not advice to you but my own advice to me. Pity I never listened.