Dover
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-05 11:35 PM
Original message |
Poll question: Where should you have your money now? |
|
What is the best place to have your money now and WHY?
|
MercutioATC
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-05 11:38 PM
Response to Original message |
1. I'd vote Other...small-cap and international stocks and foreign currency |
|
(Euro, Singapore Dollar and Chinese Yuan)
I have the stocks (mutual funds) but not the currency, yet.
|
greblc
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-05 11:39 PM
Response to Original message |
|
It's where people with no or little expendable income keep their money.
|
alittlelark
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-05 11:41 PM
Response to Original message |
3. We're doing Euros.... for the past 6 mos it is our 2nd best |
|
Edited on Wed Jan-19-05 11:42 PM by alittlelark
return, and our highest $$ number.
PS, this is my 5000th post. Wow.
|
MercutioATC
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-05 11:43 PM
Response to Reply #3 |
4. How are you buying them? |
alittlelark
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-05 11:51 PM
Response to Reply #4 |
7. I can tell you in a day or so |
|
Hubby deals w/ investments - We discuss what to do, and he deals w/it (he's a Stanford MBA, and NEEDS to do it). He is currently in New Zealand, and is, for all intents and purposes, is WAY out of this loop.
|
MercutioATC
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-05 11:54 PM
Response to Reply #7 |
9. I'm interested in how you're holding them...currency or funds... |
|
...if currency, is he buying them there?
I'm looking for an easy way to put about $500 a month into foreign currency without some $10,000 minimum investment....
|
alittlelark
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Jan-20-05 12:05 AM
Response to Reply #9 |
11. I know we threw $150K into them at the outset |
|
....and it was funds. So I'm not sure about smaller investments... but I can find out for you.
|
MercutioATC
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Jan-20-05 12:10 AM
Response to Reply #11 |
13. I'd appreciate it. I'm just looking for a little sideline hedging... |
|
Edited on Thu Jan-20-05 12:10 AM by MercutioATC
I'm leaving my existing stuff where it is, but I'd ideally like a way to buy Euros and Singapore Dollars in currency without paying a premium just to stash them in a safe deposit box.
|
Dover
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-05 11:44 PM
Response to Reply #3 |
5. 5000....Congratulations! Of course that would be like 5500 in Euros. |
alittlelark
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Jan-20-05 12:31 AM
Response to Reply #5 |
AuntiBush
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Jan-20-05 12:01 AM
Response to Reply #3 |
|
:) :) :) ;)
Congrats on you're 5000 post!
|
alittlelark
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Jan-20-05 12:09 AM
Response to Reply #10 |
12. Thanks, what a fluke thread to toss it to.... |
Indiana_Dem
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-05 11:44 PM
Response to Original message |
6. I've been reading precious metals and commodities. |
|
Commodities mainly because of the developing countries like China and India. They are buying and building big and fast. Also PM because of the falling value of the dollar.
|
CAcyclist
(1000+ posts)
Send PM |
Profile |
Ignore
|
Wed Jan-19-05 11:53 PM
Response to Original message |
8. Canned goods and a good pocketknife |
|
Seriously, I think the long-term global tendency to deflation may be a more significant risk than inflation, so I think the economy is far more complicated and less able to predict or control than American economists think.
A good investment will still be a good investment, whether it is stocks , real estate or your own business ( that's where I'm investing my money - my business). I don't think people should invest in something they don't understand well just because of what might happen.
|
shrike
(1000+ posts)
Send PM |
Profile |
Ignore
|
Thu Jan-20-05 10:29 AM
Response to Original message |
15. Anyone have dealings with Everbank? |
|
I've been looking at foreign currency CDs over there (New Zealand, Mexico, South Africa) but am a little timid. Would like to hear others' experiences if possible.
|
cms
(79 posts)
Send PM |
Profile |
Ignore
|
Thu Jan-20-05 01:11 PM
Response to Reply #15 |
|
anyone have experience in this matter?
|
DU
AdBot (1000+ posts) |
Fri Apr 26th 2024, 09:01 PM
Response to Original message |