Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 1
, I am thinking about leveraging into the Oz market (converting my US$ back to A$) and riding the A$ as it comes back up

Michael
Why would you think that it's going to come back up ??
It's not that the Oz dollar or any other currency around at the moment is down - it's that the US dollar is UP - and that's the way it's gonna stay for quite a while.
Where it's at is where it's at !!
Keep your green where you are and only when there are positive signs for a change should you consider repatriating it.
Just my $0.02c
Harmy

Print the post  

Announcements

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.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.