The Motley Fool Discussion Boards
Investing/Strategies / Bonds & Fixed Income Investments
|Subject: Re: Global Interest Rates||Date: 5/30/2013 1:14 PM|
|Author: TMFHockeypop||Number: 34974 of 35387|
1. Thank you Wendy!
2. I have a Term Account in an Australian bank. I'm trying to decide whether to re-invest in a new Term Account or convert the AUD to USD and bring it home. With the Australian government cutting interest rates, the USD/AUD exchange rate is deteriorating so I could get fewer USDs back if I wait and the rate drops more. The problem of global bond investing is exchange rate risk.
The rate dropped about 6% in the three weeks we were there. Unfortunately for us we had prepaid most expenses (Quantas internal flights, hotel rooms, a deposit on tours).
3. Even taking into account higher labor rates, I can't figure out why costs are so darned expensive there:
RYR Home Fool
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|