Wednesday, July 23, 2008

Invest in Foreign Currencies

Dr. Money gives some tips on how to invest in foreign currencies to get a higher return:

http://newpaper.asia1.com.sg/columnists/story/0,4136,166429,00.html

http://www.tankinlian.com/drmoney/

7 comments:

index.sg said...

he says weaker dollar is not all bad, will weaker dollar drag down property price?

http://propertyflash.blogspot.com

I-Chun said...

Please read this re NZD:

http://www.kathylien.com/site/new-zealand-dollar/a-surprise-interest-rate-cut-from-new-zealand

I-Chun said...

Please read this re AUD:

http://www.bloomberg.com/apps/news?pid=20601083&sid=acci6HLXSFDk&refer=currency

Raymond T said...

New Zealand dollar fell off a cliff :D

David said...

High return high risk, applies to FD as well. Depends on luck(timing) too and no financial expert can help on this. Listen to them at your own risk.

I-Chun said...

I agree with david's "Listen to them (financial experts) at your own risk".

Read this:

http://www.kathylien.com/site/british-pound/3-currencies-to-short

Do your research and "know enough to keep the experts honest" (quote from a tycoon). Challenge their recommendations to see if they are sound.

LivingRoom said...

Agreed with david. I suspect those "experts" may have hidden agenda best known to themselves...yes listen at your own risks...
...if the "experts" are so insightful about the market, would they want to share the gold pots with the mass ??? Many who made money would not have publicised how they do it..they just make money quietly...

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