OK I Fund Dogs Where Are You?

[cowboy]

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My thought is if you bought a foreign currency and don't own a dollar in your pocket as you say, doc. You better hope the market goes your way! About the time you think the dollar is going to bite the big one. It may bite you back. Just remember all my money is dollars and I'm in an area where were kind of enjoying the low dollar! I guess i ain't on a foreign island either without intenet. Must be tough! Uncle Sam will print you so much, then watchout when he starts to tightens up the faucet. I bet you just hate it buying fuelwhen your flying around in that private jet. It took them 20 years to get the dollar this low so I guess it only happens once in a while. Just a tree in the forest. One thing about a horse it don't use gas of course it causes some gas maybe when it farts. Oops don't tell all those enviromentalists they may want to put some damn device on him.

 

[Guest]

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Good luck Cowboy.

For me to get back to even the USD would have to go up 45%. My Kiwi savings accounts are earning 7.5% (in a savings account).

I wish you the best. You must do what you think is the best for you.

 

[cowboy]

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Down that far! Man you should have pulled out sooner! Good luck to you too! I'll just keep plugging away on my horse and sticking that USD in my mattress. When the markets go all to hell, then I'll invest it again. Well got to go. See ya! Hey I got an idea since you have lots and I have not much of anything maybe you could find it in your heart to show me and my wife some of the world some how. Were probably never going to be able to see it with what I have to invest and the way I play this game. If you got any good ideas let me know i'll maul it over some.

 

[Rolo]

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cowboy wrote:

Man you should have pulled out sooner!

behehehehee...I would say that about his papa! :dude: <-- Frizz B.

 

[Guest]

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cowboy wrote:

I'll just keep plugging away on my horse and sticking that USD in my mattress.

A USD put in the matteress is 1945 is now worth .05 cents.

It is great to make witty comments...however your USD holdings are down 4% so far this year. I believe the problem is you do not grasp that you are losing money, I do.

Good luck! (I am not even going to ask what "plugging away on my horse" means).

 

[cowboy]

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Yep! Down big time of course if it is only worth .05 then I aint out much.

 

[pyriel]

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Good posts... It gave me something to think about. I can't argue with Dr. D's statistics about the dollar but I also can't argue with Cowboy's post that if something goes down then it will certainly have room to grow as well.

Dr. D, you are getting 7.5% return on your savings account from another country. However, the downside on that is you had to exchange your dollar to their currency. The problem lieswhen the dollar actually goes up, you are then left with a currency that would be worth less (in US). Remember, to buy back US dollar, it is usually alot more expensive than selling dollar. That is always the case with foreign currency and it holds true whether the dollar is down or up.

A balance of both should be the wiser choice. Thanks...

 

[Tpstew]

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I was in Qatar. I don't really have a strategy for the I fund. I have noticed that in the past when I am out of stocks the I fund would do well. That is until the last few trading days. I was planning on pulling out Monday and got caught up doing other things that took my mind off my TSP (costly:X). Anyway, I went 60 40 C and S for tomorrow and will jump back in the G fund for Monday(hopefully I won't forget again). I use the data from Tom and some stuff from CNBC. Those guys are pretty good about giving info and I can usually make a good guess and it works out if I stay on top of it. All it takes is one day to let go by and I get all messed up.