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Old 11-03-2004, 12:52 AM   #1
Paraskass
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Canadian webmasters, what will you do?

If the US dollar goes down to 1 Canadian $...

Will you buy loads of American money, put it aside and wait for it to go up again and make a good 20-40% interest in a couple of months/years?

I am thinking of buying some american $ if it keeps dropping and hoping it rises again in the future.
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Old 11-03-2004, 12:53 AM   #2
SleazyDream
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buy us based investment funds - get 10% average annual return PLUS the change in the dollar
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Old 11-03-2004, 12:55 AM   #3
GTS Mark
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Quote:
Originally posted by SleazyDream
buy us based investment funds - get 10% average annual return PLUS the change in the dollar
Ditto!

DH
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Old 11-03-2004, 12:59 AM   #4
maja
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good plan... i was freaking out about that and not even thinking ahead.
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Old 11-03-2004, 01:00 AM   #5
Paraskass
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Quote:
Originally posted by maja
good plan... i was freaking out about that and not even thinking ahead.
yeah, me too.
just don't convert your money.
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Old 11-03-2004, 01:02 AM   #6
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Quote:
Originally posted by Paraskass
yeah, me too.
just don't convert your money.
I hate converting.
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Old 11-03-2004, 01:06 AM   #7
Paraskass
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Originally posted by Steen2
I hate converting.
you're new.
I bet you would of loved converting when we we're getting 1.5-1.6$ Canadian per US $.

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Old 11-03-2004, 01:07 AM   #8
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Prepare for an increase in demand for porn
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Old 11-03-2004, 01:59 AM   #9
Dacky
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I am happy I bought my car 3 years ago 15.000US$ = 10.000CYP got me NISSAN terrano II in Cyprus .

Today I can sell my car for 6000CYP = 13.500US$
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Old 11-03-2004, 05:21 AM   #10
Monk
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"I am thinking of buying some american $ if it keeps dropping and hoping it rises again in the future."

'hoping" is not that great an investment strategy.

What makes you assume the $U.S. dollar would bounce back in a couple months/years?
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Old 11-03-2004, 06:21 AM   #11
TTiger
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Paraskass tu reste ou au quebec?
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