You guys cry the new administration in Barbados is the same as the old ripping everyone off taxing every which way to pay themselves I see it every day on here you wish someone would change things for you just like he has. You are one stupid Phuc I don’t agree with everything trump says or does and he is a bully but he was put in to shake things up and he is doing that. You and your fellow Trumpians however, cannot name ONE POINT on which you disagree with your cult leader! In the minds of all sane and intelligent people that says A WHOLE LOT ABOUT YOU! I do not belong to an Obama cult where he can do no wrong. I think he made some errors in his foreign policy with respect to Libya, Syria and Yemen. I do not agree with everything Obama did. This is where the national conversation needs to be anchored instead of the old way thinking. The upside to what is happening to displaced workers in Barbados it that it may serve to disrupt a passive state of mind. However it must be said that all investments bear risk! Is this activity regulated? A blog for another day. The more sophisticated investment is that a few pension funds managers act as loan sharks. The idea maybe to buy property to rent or flip, acquire an equity stake in an under capitalized business, transport an emerging business concept from offshore to local market … you get the picture. In a simple definition, an opportunity is identified and a group of individuals come together based on a shared position to invest in the idea and agree to share the risk. For years minority groups have established Pooled Investment Funds. It was not meant to be an incendiary verbal, simply to differentiate how Blacks and minority groups approach investing in the same local market. You get the picture!Įarlier in the blog BLACK was capitalized for a reason. There is Fortress Fund and a couple other mutual funds that show moderate ROIs. Where are locals – those being displaced by government – able to invest money to generate meaningful income that is not illiguid? There is no active equity market. Bear in mind the blogmaster does not consider individual savings in financial institutions as investment. Even in the so called ‘good times’ the investment market in Barbados can be accurately described as closed. To answer the question posed by the member (he is free to expose himself). Some members of the BU family will point to how the education system has been designed in a post colonial period that has led to our state of mind. ![]() However, it is accurate to say that the financial IQ of Barbadians combined with a passive entrepreneurial disposition has defined our investment outlook. This blog is not meant to denigrate Barbadians. ![]() Traditional investment opportunities are limited in Barbados and BLACK Barbadians especially have confused saving with the bank or credit union as an investment. The blogmaster will leave this part of the debate to the BU intelligentsia except to say. Some dismiss the high level of savings to Barbadians being risk averse others will counter by suggesting that we should consider other determinants. The most recent Financial Stability Reportpage 20 produced by the Central Bank confirmed what we know, Barbadian individuals and other entities continue to save in the financial system. The investment expenditure reduces household cost and creates a revenue opportunity. To clarify, if the individual purchases an Aquaponics system (to produce food) we should define this as an INVESTMENT expenditure. In simple terms individual savings is the difference between income earned – a salary – minus CONSUMPTION expenditure e.g. The question was influenced against the backdrop of government’s retrenchment exercise and should include private sector employees where similar retrenchment programs have been occurring in the post 2008 period.īefore the question posed can be answered it is important to understand how savings and investment differ. The blogmaster is not qualified to address the complex answer, however, members of the BU family are free to fill the gap. A member of the BU community posed the question to the blogmaster via private message – “Where does the average Bajan INVEST today- now?”.
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