there was a thread a lil while back with someone asking about the stock market and this thread is for you,..........and anyone else who has cash/saving on hand.
CONVERT YOUR MONEY INTO EUROS
i say this as usually the euro is about 60 cents or more valuable than the usd when it's healthy and you have a chance to make some money pretty easy by doing absolutely nothing but keeping it in currency form. it could still drop some more but i'm sure it'll get back to where is usually is in a year or so like it always does.
think of it this way = if you have $100,000, that would be 83,333 euros at a rate of $1USD to 1.2 euros. if and when it goes back up, the rate will be 1.6 euros to $1 USD. you will make $33,300 on doing nothing.
CONVERT YOUR MONEY INTO EUROS
i say this as usually the euro is about 60 cents or more valuable than the usd when it's healthy and you have a chance to make some money pretty easy by doing absolutely nothing but keeping it in currency form. it could still drop some more but i'm sure it'll get back to where is usually is in a year or so like it always does.
think of it this way = if you have $100,000, that would be 83,333 euros at a rate of $1USD to 1.2 euros. if and when it goes back up, the rate will be 1.6 euros to $1 USD. you will make $33,300 on doing nothing.
Comment