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-   -   Canadian webmasters, what will you do? (https://gfy.com/showthread.php?t=382286)

Paraskass 11-03-2004 12:52 AM

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.

SleazyDream 11-03-2004 12:53 AM

buy us based investment funds - get 10% average annual return PLUS the change in the dollar

GTS Mark 11-03-2004 12:55 AM

Quote:

Originally posted by SleazyDream
buy us based investment funds - get 10% average annual return PLUS the change in the dollar
Ditto!

DH

maja 11-03-2004 12:59 AM

good plan... i was freaking out about that and not even thinking ahead.

Paraskass 11-03-2004 01:00 AM

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.

Steen2 11-03-2004 01:02 AM

Quote:

Originally posted by Paraskass
yeah, me too.
just don't convert your money.

I hate converting.

Paraskass 11-03-2004 01:06 AM

Quote:

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 $.

:Graucho

Roger 11-03-2004 01:07 AM

Prepare for an increase in demand for porn :)

Dacky 11-03-2004 01:59 AM

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$

Monk 11-03-2004 05:21 AM

"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?

TTiger 11-03-2004 06:21 AM

Paraskass tu reste ou au quebec?
:)


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