Re: buying dollars - groups.Xorte.com

Home › Groups › misc.invest.financial-plan › buying dollars › Re: buying dollars

Path: nemesis.news.neostrada.pl!atlantis.news.neostrada.pl!news.neostrada.pl!newsfeed
.neostrada.pl!wsisiz.edu.pl!newsfeed.atman.pl!news.nask.pl!news.nask.org.pl!new
sfeed00.sul.t-online.de!t-online.de!border2.nntp.dca.giganews.com!Xl.tags.gigan
ews.com!border1.nntp.dca.giganews.com!nntp.giganews.com!local02.nntp.dca.gigane
ws.com!news.giganews.com.POSTED!not-for-mail
NNTP-Posting-Date: Sat, 05 Jul 2008 21:00:02 -0500
Return-Path: <m...@a...algebra.com>
X-MIFP-Policy: http://stump.algebra.com/~mifp
X-MIFP-Info-1: Send submissions to m...@s...algebra.com
X-MIFP-Info-2: Send complaints to m...@s...algebra.com
X-Comment: moderators do not necessarily agree or disagree with this article.
X-Robomod: STUMP, i...@a...com (Igor Chudov), C++/Perl/Unix Consulting
X-Moderation-1: Hassle-Free commercial hosting of moderation sites available
X-Moderation-2: See http://www.algebra.com/~ichudov/stump
Date: Sat, 5 Jul 2008 20:59:01 -0500
From: Ron Peterson <r...@s...core.com>
Newsgroups: misc.invest.financial-plan
Subject: Re: buying dollars
Organization: http://groups.google.com
Message-ID: <9...@3...googlegroups.com>
References: <6...@m...googlegroups.com>
Mime-Version: 1.0
Content-Type: text/plain; charset=ISO-8859-1
X-Complaints-To: a...@g...com
Complaints-To: g...@g...com
Injection-Info: 34g2000hsh.googlegroups.com; posting-host=24.196.80.63;
posting-account=6c15ygkAAACI9hpPonyiarAkvc4OA0sd
User-Agent: G2/1.0
X-HTTP-UserAgent: Mozilla/5.0 (Macintosh; U; PPC Mac OS X 10_5_3; en-us)
AppleWebKit/525.18 (KHTML, like Gecko) Version/3.1.1
Safari/525.20,gzip(gfe),gzip(gfe)
Content-Transfer-Encoding: 8bit
X-MIME-Autoconverted: from quoted-printable to 8bit by ak74.algebra.com id
m661wn2w003447
FromStump: yes
Approved: MIFP Approval Key <m...@s...algebra.com>
X-Auth: PGPMoose V1.1 PGP misc.invest.financial-plan
iQBVAwUASHAm5fl/I4+O31e5AQHYLQIAyrszOof1vp2pNjxULoD7sb9fHUPetl7U
ENI/VjjEx2vwk+X1s3WoyzPp76+slbdM5DnkMV35GyLDd3At+RUP7A== =cB29
Lines: 27
X-Usenet-Provider: http://www.giganews.com
X-Trace: sv3-xNp9Pzt7fe657Jurwhe0ohlBzFcurZ6mMhQBZhWqTTIrWuIcDG2qMpRUbY+GiGOm2wtNXlYf
xeOsPYo!HF16TK3iy09seWZACoO+wKACO5ICvRWpi7XaDELPfFcHyiv9mOKTSsptoMYOqNH4vA/q
/4aDnYNn!vQR+7KIwH0dBq7cI9YSF4j3irQ==
X-Complaints-To: a...@g...com
X-DMCA-Notifications: http://www.giganews.com/info/dmca.html
X-Abuse-and-DMCA-Info: Otherwise we will be unable to process your complaint properly
X-Abuse-and-DMCA-Info: Otherwise we will be unable to process your complaint properly
X-Postfilter: 1.3.39
X-Original-Bytes: 3724
Xref: atlantis.news.neostrada.pl misc.invest.financial-plan:37676
Hide headings

On Jul 4, 6:18 pm, Mike <r...@g...com> wrote:
> I'm an American who's living in Norway currently, and I'm getting paid
> in kroners. The kroner is doing really well compared to the dollar,
> and so I'm wondering if it might be a good idea to use some of my
> kroners to buy a pile of dollars, hoping that the dollar will
> eventually recover. I could put maybe the equivalent of $5000 into
> this, with perhaps upwards of another $700 or so each month. Thoughts?

> I should note that I do have about $50k in student loan debt that I
> need to pay off, and perhaps that would be a better investment for me.
> However, the rates on the loans are really low (2% or so)...

it would make sense to buy CDs or other bonds denominated in US
dollars since your loans are in dollars. Just make sure you get more
than that 2% + taxes.

--
Ron

--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.