Comments on: Four Ways To Invest In Foreign Currencies http://moneyning.com/investing/four-ways-to-invest-in-foreign-currencies/ A personal finance blog where we share insights on carefully saving money, investing, frugal living, coupons, promo codes because the little things matter in achieving financial freedom! Wed, 23 May 2012 20:32:51 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Kanishk Punj http://moneyning.com/investing/four-ways-to-invest-in-foreign-currencies/comment-page-1/#comment-21516 Kanishk Punj Tue, 17 Nov 2009 01:57:53 +0000 http://moneyning.com/?p=4042#comment-21516 Great Post. I believe the process of quantitative easing has recently led to the devaluation of dollar. Also, I think it would be a great time to invest in distressed assets. Any comments?. Moneyning brought a good point investing in ETFs. It would not be a bad idea to look at REITs. Thanks, Kanishk Great Post. I believe the process of quantitative easing has recently led to the devaluation of dollar. Also, I think it would be a great time to invest in distressed assets. Any comments?. Moneyning brought a good point investing in ETFs. It would not be a bad idea to look at REITs.

Thanks,
Kanishk

]]> By: Financial Samurai http://moneyning.com/investing/four-ways-to-invest-in-foreign-currencies/comment-page-1/#comment-21373 Financial Samurai Thu, 12 Nov 2009 10:49:04 +0000 http://moneyning.com/?p=4042#comment-21373 Yes, property. If there was an easy way to just covert all your USD holdings to RMB, that would be a good way, minus the transaction fee. Too bad, there are heavy restrictions for foreigners in opening up local accounts and currency convertibility. I'm actually very bullish on the dollar here as well, so I'd just stick to our good old greenback. Yes, property. If there was an easy way to just covert all your USD holdings to RMB, that would be a good way, minus the transaction fee. Too bad, there are heavy restrictions for foreigners in opening up local accounts and currency convertibility.

I’m actually very bullish on the dollar here as well, so I’d just stick to our good old greenback.

]]> By: MoneyNing http://moneyning.com/investing/four-ways-to-invest-in-foreign-currencies/comment-page-1/#comment-21370 MoneyNing Thu, 12 Nov 2009 04:48:41 +0000 http://moneyning.com/?p=4042#comment-21370 Ah you meant real estate. How about buying the RMB to buy the index? Ah you meant real estate. How about buying the RMB to buy the index?

]]> By: Airwolf http://moneyning.com/investing/four-ways-to-invest-in-foreign-currencies/comment-page-1/#comment-21368 Airwolf Thu, 12 Nov 2009 02:49:14 +0000 http://moneyning.com/?p=4042#comment-21368 This is a great post. Thanks for sharing the interesting insight on foreign investments with us. In my personal experience, if you are a non-US citizen, you should definitely make use of your banking priviledges in your home country to invest in forex. Its the easiest and most risk-free way to do so. If you are a Chinese citizen, shifting money between an RMB account and $ account can be good strategy based on your own outlook. This is a great post. Thanks for sharing the interesting insight on foreign investments with us. In my personal experience, if you are a non-US citizen, you should definitely make use of your banking priviledges in your home country to invest in forex. Its the easiest and most risk-free way to do so. If you are a Chinese citizen, shifting money between an RMB account and $ account can be good strategy based on your own outlook.

]]> By: CD Phi http://moneyning.com/investing/four-ways-to-invest-in-foreign-currencies/comment-page-1/#comment-21367 CD Phi Thu, 12 Nov 2009 01:48:44 +0000 http://moneyning.com/?p=4042#comment-21367 Thanks for the suggestions. With the downward spiral of the US currency, international is the way to go. I'd definitely invest a portion only as well to play it safe. Thanks for the suggestions. With the downward spiral of the US currency, international is the way to go. I’d definitely invest a portion only as well to play it safe.

]]> By: Financial Samurai http://moneyning.com/investing/four-ways-to-invest-in-foreign-currencies/comment-page-1/#comment-21364 Financial Samurai Wed, 11 Nov 2009 22:45:30 +0000 http://moneyning.com/?p=4042#comment-21364 Ah David, if it were that simple. Because of the abundance of cheap money, and the expectation of a revaluation in the ren min bi, prices in Shanghai, Beijing, Shenzhen, Guangzhou have been bid up to record highs. I was exploring property in Xin Tian Di in Shanghai (very trending prime area) earlier this year, and first floor condo's were going for RMB10,000 a square meter, or over US$1,100/sqft already. Last one in, close the lights. Ah David, if it were that simple. Because of the abundance of cheap money, and the expectation of a revaluation in the ren min bi, prices in Shanghai, Beijing, Shenzhen, Guangzhou have been bid up to record highs.

I was exploring property in Xin Tian Di in Shanghai (very trending prime area) earlier this year, and first floor condo’s were going for RMB10,000 a square meter, or over US$1,100/sqft already.

Last one in, close the lights.

]]> By: MoneyNing http://moneyning.com/investing/four-ways-to-invest-in-foreign-currencies/comment-page-1/#comment-21362 MoneyNing Wed, 11 Nov 2009 21:55:31 +0000 http://moneyning.com/?p=4042#comment-21362 What do you mean by "liquidity is already baking this in"? If you believe that the RMB should be $4 or $5 to $1 USD, you should buy now and wait for the appreciation. What do you mean by “liquidity is already baking this in”?

If you believe that the RMB should be $4 or $5 to $1 USD, you should buy now and wait for the appreciation.

]]> By: Financial Samurai http://moneyning.com/investing/four-ways-to-invest-in-foreign-currencies/comment-page-1/#comment-21361 Financial Samurai Wed, 11 Nov 2009 21:21:05 +0000 http://moneyning.com/?p=4042#comment-21361 I'd take it one step further guys, and go West and buy property. Currency is just that, a currency to buy something real. Too bad the Chinese prop market is so frothy. The RMB should eventually appreciate to 4 or 5:1 USD. But, it seems the liquidity is already baking this in. I’d take it one step further guys, and go West and buy property. Currency is just that, a currency to buy something real.

Too bad the Chinese prop market is so frothy. The RMB should eventually appreciate to 4 or 5:1 USD. But, it seems the liquidity is already baking this in.

]]> By: MoneyNing http://moneyning.com/investing/four-ways-to-invest-in-foreign-currencies/comment-page-1/#comment-21358 MoneyNing Wed, 11 Nov 2009 19:36:30 +0000 http://moneyning.com/?p=4042#comment-21358 For the ultra long term, you may want to check out RMB (China's currency). It could be decades, but as their middle class grows, their consumption for imports will increase relative to their exports. At that point, it would make sense for the Chinese to create monetary policy to increase the value of their currency (or at least stop devaluing it, something they are doing right now). For the ultra long term, you may want to check out RMB (China’s currency). It could be decades, but as their middle class grows, their consumption for imports will increase relative to their exports. At that point, it would make sense for the Chinese to create monetary policy to increase the value of their currency (or at least stop devaluing it, something they are doing right now).

]]> By: Robert http://moneyning.com/investing/four-ways-to-invest-in-foreign-currencies/comment-page-1/#comment-21354 Robert Wed, 11 Nov 2009 18:22:19 +0000 http://moneyning.com/?p=4042#comment-21354 A buddy of mine was talking about investing in the Ruble...come on now. I'd throw a few dollars at the Euro, but the Ruble? A buddy of mine was talking about investing in the Ruble…come on now. I’d throw a few dollars at the Euro, but the Ruble?

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