by matt kleviar on March 5th, 2007

matt kleviar

Question

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Lets say I have $5 million dollars to spend on foreign exchange, which 4 currencies should I buy out of these?

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Answers. 3 helpful answers below.

  • by keithold is a prodigal bagger on March 5th, 2007

    keithold is a prodigal bagger

    G'day Matt Kleviar,

    Thank you for your question.

    I would have it in Swiss francs, British pounds, Japanese yen and Euros.

    I think that the market will be looking for stability. Having said that, foreign exchange is a poor place to invest. I'd much rather buy shares with it.

    Regards

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  • by Chimbu on March 5th, 2007

    Chimbu

    Gold, its the safest at the moment.

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  • by 0o-nicole-o0 on March 5th, 2007

    0o-nicole-o0

    im not going to specifically choose a currency, but im going to say, choose one that is expensive to get changed over, as eventually you will make a profit out of it!

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