Billionaire Boys Club Member Forum (BBCMF)

[midastouch017]

Hi Mick,

Here is another example,

Israelis invest record sums o’seas

Israelis invested over $10 billion overseas in January-September 2005.

Zeev Klein 20 Oct 05 14:10

Israelis invested over $10 billion overseas in January-September 2005, more than the $9.4 billion that they invested in all of 2004, the Bank of Israel reported. The 2005 rate amounts to an annualized $13.3 billion, an all-time record, and 40% more than Israelis invested in 2004.
Direct overseas investments by Israelis, including income-producing real estate, totaled $1.22 billion in January-September, an annualized $1.6 billion, 62% than total direct investments in 2004.

Investments in overseas marketable securities in January-September amounted to $4.17 billion, triple the amount invested in this instrument in all 2004. The amount invested this year is equivalent to an annualized $5.56 billion, an all-time record.

Israelis also increased their overseas deposits by $1.81 billion in January-September, after depositing a record $4.8 billion in 2004.

Israelis use overseas foreign currency deposits to finance current business activity, and for direct and financial investments overseas.

Published by Globes [online] - www.globes.co.il - on October 20, 2005

Regards
Dubi