Lira T-bills and Beirut land outperform Dow Jones index. Outpace U.S. three times over in 20 years

Investing in one-year treasury bills or a plot of land in Beirut over the last twenty years generates more returns than U.S. treasury bills and the Dow Jones Industrial Average (DJIA), according to a new article published in the July issue of Lebanon Opportunities.

An initial investment of $100 in local T-bills in 1997 grows to $535 by the end of 2016, thus generating the highest compound annual growth rate (CAGR) of 8.7 percent. The lowest return on investment is made by U.S. T-bills, wi...

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