Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (14) | Ignore Thread Prev | Next
Author: MACDO001 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 634  
Subject: Re: Will the Euro survive 2005? Date: 2/12/2001 11:06 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 2
I'm counting on the Euro regaining par with the Dollar and staying somewhere in that range.

>>Or would it have been better to adopt the
German Mark or the U.S. Dollar? <<

Letting someone else control the fate of the European countries by using the Dollar or Mark would be foolish. Speaking specifically about the Dollar, why would the Americans have their monetary policy protect Europe, at the detriment of the United States. Certainly some countries have tied their currencies to the Dollar but these are weak countries. Europe is not in this category.

I think that you should be looking to make investments which will either be denominated in Euros or will convert to Euros. I'm looking that way myself. Maybe not all of my money but certainly some will be invested in Euros. It's going to be one of the world's more important currencies, starting next year.

Just my humble opinion.


Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (14) | Ignore Thread Prev | Next


Post of the Day:
Berkshire Hathaway

A Financial Prognostication
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.