I'm just a bit bitter at the moment, I made an investment with people I thought I trusted in my parents country and I got royally shafted. Turns out they didn't see me as a person they grew up with but rather just a rich westerner who didn't know the rules of the game.
Ah I'm sorry to hear that! Unfortunately when it comes to money, if you're dealing with people you don't know it's always best to minimise risk as best as you can and theft can happen anywhere in the world.
When my mum was building her houses she made sure to visit often because she would send money for building materials and within a few days they'd ask for more - so she made the decision to oversee things for herself to make sure she didn't get ripped off, and she recognised that the workers were wanting other provisions like toilet paper, rice, cheap clothes etc so she would take those type of things with her every time she went - and that helped gain trust and build better relationships, too.
Understandably this isn't going to make you feel better, but if in the future you do decide to invest again, that may be of some help or you may want to think about ways to build better relationships with anyone who is handling your money. That's not to say everything has gone to plan for us, we've been robbed on two occasions by people who my parents suspect had been to the house before (they knew which rooms to go in, and didn't leave a mess looking for valuables & the robberies took place when my parents had new gadgets with them)
But I am sorry that, that happened to you.
The interest is similar in Nigeria. Four years ago. The £ to ₦ was 250 thereabouts. Now it's ₦460/470. And another thing is even with all the challenges, the cities are rapidly developing so there's nowhere property isn't appreciating at a decent rate. Would have gotten into it earlier but had to help with my sister tuition and American unis are extortionists.
Yeah that sounds similar to Ghana, apartment blocks are being built everywhere and a huge new mall is being built too the infrastructure is changing rapidly and there's a lot of money to be made by renting out property. It seems like there's a generation of young adults who are looking to move out of their parents houses and rent, whereas previously people would stay with their families pretty much until marriage & beyond sometimes.
I just wish they'd fix the roads and fix the ways in which people drive on the roads, but it would be very difficult, if not impossible to do that democratically right now.
Thanks, I'll check this out later. Any others? Or books, websites, audiobooks perhaps?
That is a very good question, it's something I haven't had time to look into despite wanting to.
Perhaps look up the Ted Speakers' work, and maybe she has published articles/books or something which will reference other resources.