This is a guide through the minefield of the high-risk, high-return speculative investment for the individual investor. It brings together in one volume a wide variety of investments that carry a high risk while offering potential high returns. The book stresses the need to be properly invested, with a safe nest egg before investing in these offbeat investments, and provides sound financial planning and management principles for investing wisely before investing speculatively.

Table of Contents

A New Investment Paradigm. Getting Started. Financial Innovations. Offbeat European Equity and Debt Issues. Third World Emerging Stock Markets. Latin American Securities. Latin American Sovereign Debt. Foreign Currency and Indexes. New Public Offerings and Small--Cap Companies. Low--Grade Corporate Bonds and Bankrupt Public Companies. Penny Stocks and Business Start--Ups. Distressed Companies and Problem Bank Loans. Foreclosed Properties and Associated Debt. Offshore Private Businesses in Developing Countries. U.S. Tax Laws that Apply to Offshore Investments. Choosing a Tax Haven. Index.