Founded in 1987, the Barbados Stock
Exchange is a
privately-owned not for profit stock exchange made up of
loosely-affiliated
stock brokers and dealers. It’s run on an electronic, not outcry,
basis, which
has made it very easy for customers and entrepreneurs to take advantage
of new
technologies. It is headquartered in Bridgetown, Barbados,
but
can be accessed from all over the world.
The Barbados Stock Exchange is one of three large
regional
Caribbean exchanges, the other two of which are Jamaica
and Trinidad. But because of Barbados’s
relatively open financial system and strong economy, it’s probably the
most
financially secure and stable.
Most items traded on this stock exchange are
commodities and
financial instruments, and hold pretty stable prices. The time to watch
this
exchange is during hurricane season, when large nasty storms can take a
real
bite out of the commodity value. But the financial parts of the
Barbados Stock
Exchange include not only local companies but international ones, and
it is
steadily growing in value.
If you’re looking for a good stock index to invest
in, the
Barbados Stock Exchange is worth a look. It has surprisingly good
numbers for a
small regional exchange, and will probably grow in importance over the
future.
Since its inception in 1989, the Barbados Stock Exchange index value
has more
than doubled. You can probably expect this trend to continue.
Besides its strong numbers, the Barbados Stock
Exchange has
a major advantage over many established and emerging stock exchanges
worldwide:
it is in a stable part of the globe, and it appears to hold no interest
for
terrorists. It is not subject to the volatile oil market, nor is it
subject to
the current unrest in the world that makes the New York Stock Exchange
and
other major markets more unstable and subject to movement than one
might want. Barbados
is
also a free market economy, which makes it much friendlier to trade.
In short, the Barbados Stock Exchange may be a
good bet for
future index investing. At the very least, it’s worth a look.
Proven Investment Advice
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