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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Registered User
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Join Date: Jul 2003
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How many of you have closed your USD bank accounts?
Closed or changed them to another currency?
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#2 |
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Join Date: Dec 2006
Posts: 2,825
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just curious... when you close it... where exactly are you putting it under your mattress?
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#3 |
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#4 |
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#5 |
Too lazy to set a custom title
Join Date: Jul 2002
Posts: 40,377
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buying gold when it's at all time high, is risky....
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#6 |
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Join Date: Oct 2003
Posts: 2,494
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I didn´t close it, but I keep it almost empty. All my money is in Euros since last year.
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#7 |
Too lazy to set a custom title
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Ok So tell me how someone that gets paid in US dollars will benefit from putting his accounts in Euros.
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#8 |
Too lazy to set a custom title
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Location: My network is hosted at TECHIEMEDIA.net ...Wait, you meant where am *I* located at? Oh... okay, I'm in Winnipeg, Canada. Oops. :)
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Why would I close it? I get cheques in USD, wires, paypal transfers. My bank charges me no fees for deposits made to my US account. But if I try depositing US cheques into my Canadian savings account there is a fee.
Only a moron would take a hit like that. I deposit US funds to my US account, then transfer money over to my Canadian account as needed. Often times I don't need to so I leave it sitting there. When the day comes that the USD has some of it's value back, THAT'S the time to transfer it over to other currencies.
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#9 |
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Location: Toronto
Posts: 1,842
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I did!!!
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#10 |
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Join Date: Aug 2006
Location: Little Vienna
Posts: 32,235
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I have only 136 USD on it so i dont care.
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#11 | |
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Quote:
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#12 | |
Octopus Anime
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Quote:
How does converting weekly payouts in usd benefit you? |
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#13 | |
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Quote:
With that said, say you trade to Euros for example and your account earns interest. If it gets stronger, you make an accelerated increase since the dollar is weakening. |
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#14 |
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It doesn't.
As I said in the post above, this is for those who also get paid in other currencies AND are sitting on a sizable amount of savings in USD. If you are living week to week, month to month or just do not have a large USD savings account(s), this is not going to help you at all. |
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#15 | |
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Quote:
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#16 |
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#17 |
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I wish to bill in Euro only very soon. I live in Europe and for me, it's like beeing an American on a permanent vaction and loosing 50%+ of the money.
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#18 |
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#19 |
Outside looking in.
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Join Date: Feb 2005
Location: To Hell You Ride
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Gold has topped a $1000/ounce. If you buy it and hold it and it falls to $800 you lose money. If gold prices start to fall, much like a stock, who is going to buy your gold bars? You could end up losing money but then there are those who say gold will hit $1300/ounce this year.
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#20 |
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not 100% true..... most people that invest in gold dont do it for quick returns, but instead more as wealth building. just buy it and forget about it... 25 years from now who the fuck knows where any currency will be. the dollar could just be a memory or something you see in a museum, but gold is the only form of true value
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#21 |
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Join Date: Jul 2004
Location: The Beach
Posts: 4,626
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ypu just changed today.. this is a true nightmare
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#22 |
Outside looking in.
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The last time gold had a major upswing was from 1976 - 1980 when it went from under $200/ounce to over $600/ounce. In 1981 it dropped to under $450/ounce and in 1982 was under $400/ounce. If you were going to invest in gold you should have started buying in 1999 (price was sub $300/ounce) up until around January 2007 when gold was selling at just over $600/ounce. The 66%+ run up of gold's price since january 07 isn't going to last. Is it going to come down soon or in 2 years? No one knows for sure.
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