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Think setting up an Everbank Euro account is a good idea

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musiclawyer Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-30-04 05:18 PM
Original message
Think setting up an Everbank Euro account is a good idea
given, you know, four more years of * ? What else would you do minimize your dollar losses?
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Vincardog Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-30-04 05:19 PM
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1. invest in Euro based assets and companies
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Worst Username Ever Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-30-04 05:20 PM
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2. I think if you had done that 4 months ago
you would be sitting pretty. I would say that the Euro is going to peak realtively soon. Things may stabalize in the next couple years, and if you don't go back into dollars in time, you will have lost $$$.
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Nite Owl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-30-04 05:24 PM
Response to Reply #2
3. I agree. Right now
it's too risky to switch to the euro. The dollar may have some more downside but not enough to switch now. There will be another chance, the drop isn't over but it may take a little while.
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Kolesar Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-30-04 05:48 PM
Response to Reply #3
4. Do you know how to time the currency markets?
You're hired!
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