Korean Job Discussion Forums

jdog2050 · Joined: 17 Dec 2006

Here's a question:

Many times, when business people invest in another country, they don't necessarily know much about the country itself. Maybe all they see is a hot new product. Maybe they have consultants who explain the culture to them and tell them whether or not it's a good decision. Maybe they just roll the dice.

However, as ESL teachers, living and working in Korea, and with Korean people every day, knowing the culture, labor laws, daily work practices...would *you* invest in a Korean company?

Paji eh Wong · Joined: 03 Jun 2003

Invest MY money?

No way in hell.

jdog2050 · Joined: 17 Dec 2006

VirginIslander · Joined: 24 May 2006 Location: Busan

If I could go back ten years ago, I would invest in mirrors.

VanIslander · Posted: Sun May 20, 2007 6:15 pm Post subject:

LAND...

there's a property I've thought about, knowing what I know about local development projects and direction of growth.

jdog2050 · Joined: 17 Dec 2006

faster · Joined: 03 Sep 2006

Real estate.

Ilsanman · Joined: 15 Aug 2003 Location: Bucheon, Korea

I would have invested in property and land right after the IMF, and pull out my money last year.

Now: No chance in hell.

bobbyhanlon · Joined: 09 Nov 2003 Location: 서울

some people seem to believe property and land goes up forever- it doesn't.
anyway sure i would invest in korea. i've done it in the past and usually made money. also, even after the recent run-up, quite a few stocks still look undervalued.

komerican · Joined: 17 Dec 2006

Many koreans didn't invest in the korean stock market. they believed the endless pessimism of the newspapers and the GNP, Korea's opposition party.

But foreigners invested and they made a lot more money than Koreans.

Paji eh Wong · Joined: 03 Jun 2003

RACETRAITOR · Joined: 24 Oct 2005 Location: Seoul, South Korea

I think right now the smartest country to invest money in would be China.

CasperTheFriendlyGhost · Joined: 28 Feb 2007