Board index › General Discussion › News and Current Events

US Dollar falls again to the Euro

Page 1 of 1 [ 3 posts ] 

Previous topic | Next topic

JBM
Blue Jay
Blue Jay

User avatar

Joined: 24 Jan 2007
Gender: Female
Posts: 96

01 Feb 2007, 4:58 pm

To people who heavily invest in stocks with the US Dollar: How much does the price decreases concern you? I went to Canada in 1999 & the Can$ was worth 60 cents, now its worth 87 cents.

Personally, I would only invest in a universal currency like gold, which is up to $657 USd, up from $450 USd 10 years ago. If all the debt catches up with the US economy and there is a major recession, the US dollar might not be worth the paper its printed on.



MrMark
Veteran
Veteran

User avatar

Joined: 3 Jul 2006
Age: 66
Gender: Male
Posts: 8,918
Location: Tallahassee, FL

01 Feb 2007, 5:27 pm

For the last 6 months I've been buying a domestic mid-cap mutual fund. Starting this month, I'm also buying an international equities fund.


_________________
"The cordial quality of pear or plum
Rises as gladly in the single tree
As in the whole orchards resonant with bees."
- Emerson


jimservo
Veteran
Veteran

User avatar

Joined: 11 Jun 2006
Gender: Male
Posts: 1,964
Location: Philadelphia Suburbs

01 Feb 2007, 5:36 pm

I wish I had some Euros...and dollars, and yen, and pounds (ect...)