Wikinvest Wire

Tuesday, November 14, 2006

Well, It Doesn't Hurt

You may have seen this already as I seem to be find articles on this all over the place but a report from the UN ranked the best places in the world to live. Norway is number one followed by Iceland, Australia, Ireland and Sweden.

All five are investment destinations I have written about on this site. If you are curious, the US came in number eight.

It is tough to say concretely that there is a correlation between a high ranking and investment returns but as it says in the title of this post it sure doesn't hurt.

I was surprised that New Zealand was only 20th, I would have expected it to be higher.

2 comments:

tom k said...

Interesting. Looks like a job for Ned Davis Research.

Londoner said...

Well i guess it doesn't hurt, as you say, but the differences between the top dozen or so in the index look to be pretty slight! Maybe that's just sour grapes, as my own green and pleasant land comes in a rather underwhelming 18th on the list...

Seriously, though, perhaps more interesting steers on emerging markets: eastern Europe, Israel, some of the Gulf States and one or two sun-kissed islands score pretty well. The much-feted BRICs look rather middle of the road on this ranking...

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