Mexico has a full-blown drug war going on with no end in sight. That's why real estate is so cheap and will likely get a lot cheaper IMHO. Portugal/Spain are relatively safe and civilized by comparison. I particularly like the Portuguese islands of Açores (the Azores), especially the islands of São Miguel and Faial. Another terrific place to retire is Harvatska (Croatia), but it's getting expensive there. Istria, in the north, is still pretty much affordable unlike Dubrovnik where real estate prices have gone totally crazy. If you like Central America, Panama and Costa Rica are probably a lot safer and more civilized than Mexico and very popular with American retirees.
Oh, well. I bought in July at 37. In fact, this is the biggest position I've ever taken in a single stock (15,000 shares) in over 50 years of investing. I was just looking for a juicy yield and stumbled on a real gem. Another stock I bought for the yield was FTE (France Telecom,) and that's also doing quite well. I saw Europe as oversold and ripe for a recovery. I've just about given up on the U.S. I'm ready to sell my house here and move to Spain or Portugal where there are real bargains to be had.
Yea. This is just the beginning of a move to at least 50 in the near term. The stock is clearly under heavy accumulation, but the trading volume makes it difficult to buy a lot on any given day without causing it to run too fast. The charts and the fundamentals look great. What's not to like?