Recent content by avalanche

only if you dont care about banking in different currencies

Works fine, from personal experience

You dont have to sell these bonds if you just hold them to maturity. I'm not fan of AMX either

I dont think you need brokerage account for purchasing pre allocation directly from the bank. You just need normal bank account. If you buy bonds off the market you usually get worse yields because there are plenty of people who are competing for the same bond on AMX. They pump the price

I like ACBA but I found Ameriabank app user interface to be way more developed for brokerage things. ACBA sometimes glitches when it comes to data display

Stock shares no but bonds yes. Wouldn't like to disclose exact investments but here are few examples of hot ones: bonds of Telecom Armenia, bonds of Electric networks of Armenia (both traded on Armenian stock exchange), Armeconombank (11% APY), Inecobank (10% APY). If I understood correctly...

Armenian bank & gov bonds offer 10+% APY in Armenian Dram currency. Bank bonds are covered by deposit insurance. If you look at the past few years, AMD has been performing on par with USD. Ofc currency risk is still here but may be a good option for passive income.

My comment was not about your exact scenario but about the wording you used. I dont like when businesses tell customers they should be thankful for anything, its manipulative because it appeals to emotion of guilt. You cant force people to be thankful for something, it only irritates them more...

I agree, when I hear something like this, I can imagine the next step of escalation in this logic: "you should be thankful that we didnt scam you". Nobody should be thankful for anything. Its a service agreement, acting in good faith and integrity is supposed to be part of every professional...

Simple answer: access to Stripe and much lower bureaucratic burden compared to many countries and cheaper than any other jurisdiction for small business. Talking from my personal experience where local company needs to file plenty of paperwork just to pay vendors. While UK company can just...

probably he's hoping to keep this thread under the radar of google search (probably will fail)

Easy entrance to Russia if you ever need it. Unless Armenia decides to exit commonwealth

From a propaganda playbook. Otherwise how would current Ukrainian gov convince the world they need more money?

Its hard to imagine anyone getting connection to president just right off the bat. Need to work your way up there. Not like he is waiting for people to reach out so they can get passport :D I just said its possible but never said its easy.

You'll get these connections soon enough if you join local exhibitions, investor meetings, networking events, build large enterprise and invest in the economy. Armenia is very small community and if you do something significant you'll quickly find the right people, Everyone knows each other