And what is the best way to invest in that currency online?|||i think CAD, has the least inflation and the least risk of political problems, other than Swiss.
buy cad against usd/(your currency and usd as vehicle)|||EUR (Less than 2% is the current target)
Open a brokerage account at Zecco, TradeKing or Scottrade and buy shares in European companies.
If you want to deal only with Euros instead of USD then you can always open a brokerage account with an European broker but it may be more expensive to you.
I don't know where do you live but I presume you live in the United States of America and I presume you have less than $100,000.00 USD which means you need the lowest prices you can get in fees from your broker.|||Its all relative.
The USD is the only one with real muscle...like it or not it it still stands far and away from the rest. The power 4 are UDS, JPY, EUR, and GBP. They are the only free currencies with volume %26amp; support to underwrite free trade.
Second, you have CHF, AUD, %26amp; CAD.
Everything else is a bit of a gamble, unless it is your home currency, any way you look at it.
You could make a small argument(s) for Norway, Sweden, Brazil, Singapore, and a few others, but they are all fundamentally flawed in the big picture.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment