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Do it in Kiev. I spent last summer in Prague. The women were very difficult, and my experience was confirmed by several others on this site who have spent time there.
Never mind the stock market. I was asking about CDs and bank deposits. Those in the USA have so far been safe as far as USD denominated principal protection goes.
When you look to investing overseas, you are getting into a high risk game if you concentrate your assets in one market, especially with smaller countries. Cus typically, these higher yielding deposits are in local (ie non US$) currencies. Those from smaller countries can be extremely volatile.
Icelandic Kroner CDs were yielding nearly 18% just a few years ago before that currency nosedived. Go back a decade or more and consider the losses suffered by overseas investors in CDs and fixed income instruments in Argentina, Russia, Thailand, Indonesia, Philippines, or South Africa. And some of those were not even yielding double digits.
You say youâ€™ve researched these banks. What about the underlying currencies. Consider that the bulk of so-called finance and currency experts did not foresee any of the above mentioned crises before they commenced. What makes you feel so safe about the Ukraine?
I think best way to capture high yield income is through a decent fund â€“ one that invests in opportunities around the world. These still involve a lot of volatility (ie high risk) but will nothing like putting all your eggs into one small country. For example, consider HYG and look at its track record during 2008-2009 crises, much less of a disaster than say being fully exposed to Iceland during same period.