UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: activeREinvestor 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 77135  
Subject: Re: Weak Dollar and Expats Date: 11/26/2004 4:36 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
You posted this in another forum. My response is there.

The other responses here are suggesting that you will find a better relative rate in a few years. I am not predicting one way or another (I have lived in the UK for 10 years and also hold a US passport).

The USD/BPS rate is less favorable to the USD now then at any time in the last 10 years. If you take a longer view you will find that 1.80 dollars to the pound is actually much closer to the historical average then the last 10 years implies. If history is an reasonable indication of the future then I am not sure you will find the rate in 4 year favoring dollars. You might find the rate right now is about as good as it will get.

The deficit is driving a lot of the adjustment and the deficit has a long way to go.

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Macro Economics

An Interesting Read
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.