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What do you all know about investing in Euros?

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Hell in a Handbasket Donating Member (242 posts) Send PM | Profile | Ignore Wed Feb-16-05 11:55 PM
Original message
What do you all know about investing in Euros?
I'm feeling like this would be a really good idea.
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lectrobyte Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-17-05 12:14 AM
Response to Original message
1. there's been a couple of threads on this already, and I seem
to have bookmarked this link from one of them:

http://www.everbank.com

I haven't really checked out that link, so YMMV. I'm interested also, but just not had the time to really look into it.
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TreasonousBastard Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-17-05 12:16 AM
Response to Original message
2. Bad idea-- unless you have a LOT of money...
the retail transaction costs of buying and selling currency will most likely eat up any gains you might see. If you have enough to get into something like a currency trading fund, that might be a way to go-- if the fund doesn't kill you with fees.

Personally, if I had enough money to worry about, but not enough to make it worthwhile to invest overseas, I'd buy gold as a hedge against worldwide economic collapse.







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Hell in a Handbasket Donating Member (242 posts) Send PM | Profile | Ignore Thu Feb-17-05 12:26 AM
Response to Reply #2
3. hmm, that's a good point. i certainly don't have a lot to spare. nt
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