MarriedtoABrasileira wrote:On a personal note, my wife would rather make 2% in the US than 15-18% in Brazil, I don't agree, but I haven't lived through all of the changes in currency that she has.
Ask her about the time the government "borrowed" the money
... my rent doubled in a day but after about 60-90 days things stabilized. A word of caution to all about money and rates and what not. Be very, very careful.
Right now I think we are getting good value for the dollar in Brazil. It wasn't this good for most of the 90s. I knew should have bought some real estated when the dollar was above 3.50 and maybe even now. But then I got to remember my paragraph above.
Anyone here ever make money when the commercial dollar was half the parallel? Those were some interesting times.