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Subject: Oz investments to maximise return on US$ | Date: 10/20/2000 2:14 PM | |
Author: MichaelEllenby | Number: 1775 of 6186 | |
Hi folks - I am from Oz but living in the US right now, getting paid in greenbacks. Given that the A$ is so low right now, I am thinking about leveraging into the Oz market (converting my US$ back to A$) and riding the A$ as it comes back up. I am planning to stay in the US for a while, and I want to maximise the US$ return on my investment. Some questions: * got any thoughts on this strategy? It is dependent n A$ rising, and I am happy to wait for 12 months or so, or longer. * what should I buy for consistent performance, remembering that I will be leveraging the investment. * should I buy proerty or stocks? Let me know your thoughts by email or on the boards - thanks!! |
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