Domestic Market Index Funds
[QUOTE=ChochaMonger;2478863]The Angeles City pussy market was a labor and capital intensive enterprise unable to absorb prolonged economic shocks. Mongers should take a short rather than a long position on LBFM pussy. AC is currently rated sell do not buy! It has an unappealing forward and trailing Price-to-Ejaculations ratio and is downgraded to "junk" status. The crash of the AC pussy market is a classic example of the importance of a diversified portfolio of pussy. Those who put all their nest eggs into Pinay pussy stocks are now seeing their positions wiped out. Meanwhile, diversified mongers are enjoying broad holdings of rub-and-tug joints and dodgy brothels on the domestic market.[/QUOTE]Investing your life savings in emerging markets was always a high risk strategy. Brazil, Thailand, Indonesia, Philippines and other BRIC nations were heavily marketed to gullible mongers by cunning fund managers in London, Sydney and Paris. While they returned good dividends in some years, they were unreliable due to sovereign risk, fluctuating currencies, poor governance and high levels of corruption in those countries. The pussy trade has completely collapsed in those nations with mongers having done their dough.
Some wise mongers decided to invest in balanced domestic market portfolios. These Index funds are boring and do not have the glamour and excitement of high risk associated with emerging markets as they only look to track the index. Those domestic market fund managers charge low fees and do not churn. They only offer white bread with jam instead of spicy red curry. Mongers who invested in the domestic pussy index know that you can never beat the index long term, so are happy to get rich slow. Sure, the occasional white pussy will have an odour, but that's all part of life in slow lane.
Poor people still need to eat.
[QUOTE=NewImage;2479578]Maybe COVID might be the final nail in the coffin for places like Angeles, pattaya et al.
Things have been sliding downhill for a while to the extent you ask yourself whether money could be better spent at home.
Last time I went to Angeles I was not impressed and wouldn't go back.[/QUOTE]Covid-19 Should have the opposite affect of what you said. The expensive places are the ones with the high overhead. Once they go out of business and get burned for enough money they probably won't come back to invest in Angeles.
Although, poor people still need to eat, but when things come back to where people are not afraid of the bullshit virus known as COVID-19, they won't have the KTV's and Korean Bars to choose from and they will be forced to find customers online or off the street.
The cheap bars might open first to test the waters but it will be years before any smart investors invest any more big money. Which also means all of the weak, scared, vacation mongers who dare not venture to the dangerous Angeles will also not come back and they also won't be there to overpay and screw up the market.
This of course is good for us, as it will come back to a 500 peso buyers market. Girls will also have to work hard to lockdown the limited amount of hardcore customers still left in Angeles.