Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
So, um, the dollar?
Old 11-25-2006, 07:22 PM   #1
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
So, um, the dollar?

Nobody noticed the USD gapping down on Friday? My commodities and foreign bond funds when ape-poopy while I was busy stuffing myself taking DD to a children's museum...
__________________

__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: So, um, the dollar?
Old 11-25-2006, 07:31 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 8,615
Re: So, um, the dollar?

I don't understand what "ape-poopy" means. Did your funds go up or down?
__________________

__________________
LOL! is offline   Reply With Quote
Re: So, um, the dollar?
Old 11-25-2006, 07:33 PM   #3
Moderator Emeritus
Nords's Avatar
 
Join Date: Dec 2002
Location: Oahu
Posts: 26,616
Re: So, um, the dollar?

Quote:
Originally Posted by brewer12345
Nobody noticed the USD gapping down on Friday?
Oooh yeah. The portfolio's coming up!
__________________
*
*

The book written on E-R.org, "The Military Guide to Financial Independence and Retirement", on sale now! For more info see "About Me" in my profile.
I don't spend much time here anymore, so please send me a PM. Thanks.
Nords is offline   Reply With Quote
Re: So, um, the dollar?
Old 11-25-2006, 07:38 PM   #4
Thinks s/he gets paid by the post
FIRE'd@51's Avatar
 
Join Date: Aug 2006
Posts: 2,315
Re: So, um, the dollar?

Forget the dollar. Did anybody notice REIT's (as measured by VGSIX) were up 6% last week.
__________________
I'd rather be governed by the first one hundred names in the telephone book than the Harvard faculty - William F. Buckley
FIRE'd@51 is offline   Reply With Quote
Re: So, um, the dollar?
Old 11-25-2006, 07:50 PM   #5
Recycles dryer sheets
 
Join Date: Apr 2005
Posts: 184
Re: So, um, the dollar?

Interesting dollar discusison over at:
http://www.2000wave.com/article.asp?id=mwo112406

I'm guessing dollar's going to weaken a little more against Euro and a lot more against Asian currencies.
Attached Images
File Type: jpg currency..jpg (58.5 KB, 7 views)
Attached Files
File Type: jpg_thumb currency..jpg_thumb (31.8 KB, 0 views)
__________________
Delawaredave is offline   Reply With Quote
Re: So, um, the dollar?
Old 11-25-2006, 07:59 PM   #6
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
brewer12345's Avatar
 
Join Date: Mar 2003
Posts: 16,391
Re: So, um, the dollar?

Quote:
Originally Posted by Delawaredave
I'm guessing dollar's going to weaken a little more against Euro and a lot more against Asian currencies.
If you have the courage of your convictions and some spare ducats, I draw your attention to: http://finance.yahoo.com/q?s=AAB-WT

They are exchange traded Asian curency warrants that IIRC expire in Jan. 2008 and are roughly at-the-money. I haven't quite had the gazungas to buy any of these things, but I suppose I could be convinced. Obviously speculative, though.
__________________
"There are three kinds of men. The one that learns by reading. The few who learn by observation. The rest have to pee on the electric fence for themselves."



- Will Rogers
brewer12345 is offline   Reply With Quote
Re: So, um, the dollar?
Old 11-25-2006, 08:27 PM   #7
Thinks s/he gets paid by the post
2B's Avatar
 
Join Date: Mar 2006
Location: Houston
Posts: 4,330
Re: So, um, the dollar?

I wouldn't worry about the holiday Friday. Monday will fix whatever was out of wack.

I have never understood why anyone would want to own a Euro. The self-righteous Europeans are debasing their currency worse than anything DC could imagine. It just doesn't seem to impact their exchange rate as much.
__________________
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane -- Marcus Aurelius
2B is offline   Reply With Quote
Re: So, um, the dollar?
Old 11-25-2006, 08:35 PM   #8
Recycles dryer sheets
 
Join Date: Apr 2005
Posts: 184
Re: So, um, the dollar?

Interesting but currency warrants are a game I can't even pretend to understand....

I like the "Buffett approach" of buying stocks / funds in international companies whose earnings will "magnify" well when converting back to dollars.

We are talking about doing a European vacation next year. I couldn't afford Europe a couple years ago at $1.20. Imagine if it goes to $1.40 - $1.50..........
__________________
Delawaredave is offline   Reply With Quote
Re: So, um, the dollar?
Old 11-26-2006, 01:27 PM   #9
Thinks s/he gets paid by the post
saluki9's Avatar
 
Join Date: Feb 2005
Posts: 2,032
Re: So, um, the dollar?

Quote:
Originally Posted by FIRE'd@51
Forget the dollar. Did anybody notice REIT's (as measured by VGSIX) were up 6% last week.
Most of that is due to the private equity buyout offer on EOP which makes up a large part of the index

__________________
saluki9 is offline   Reply With Quote
Re: So, um, the dollar?
Old 11-26-2006, 05:51 PM   #10
Full time employment: Posting here.
 
Join Date: Mar 2005
Posts: 699
Re: So, um, the dollar?

Quote:
Originally Posted by Delawaredave
We are talking about doing a European vacation next year. I couldn't afford Europe a couple years ago at $1.20. Imagine if it goes to $1.40 - $1.50..........
If you decide definitely to go to Europe, you could start buying some Euro traveller's checks every month in advance to protect yourself against a huge swing just before you go. DCA.
__________________
bpp is offline   Reply With Quote
Re: So, um, the dollar?
Old 11-26-2006, 10:49 PM   #11
Thinks s/he gets paid by the post
BigMoneyJim's Avatar
 
Join Date: Feb 2003
Location: DFW
Posts: 2,627
Re: So, um, the dollar?

Quote:
Originally Posted by FIRE'd@51
Forget the dollar. Did anybody notice REIT's (as measured by VGSIX) were up 6% last week.
Yeah, I noticed. I belatedly rebalanced my portfolio and sold off almost a third of my VGSIX. It went up 4.5% over the next two days! But I wasn't trying to time things, so that's just the way things go.

Quote:
Originally Posted by bpp
If you decide definitely to go to Europe, you could start buying some Euro traveller's checks every month in advance to protect yourself against a huge swing just before you go. DCA.
Interesting idea. I guess that should be obvious to someone investing via DCA, but I don't think I would ever have thought of DCA'ing into a foreign trip. Neat trick!
__________________
BigMoneyJim is offline   Reply With Quote
Re: So, um, the dollar?
Old 11-27-2006, 09:41 AM   #12
Full time employment: Posting here.
bosco's Avatar
 
Join Date: Jul 2005
Posts: 987
Re: So, um, the dollar?

Quote:
Originally Posted by bpp
If you decide definitely to go to Europe, you could start buying some Euro traveller's checks every month in advance to protect yourself against a huge swing just before you go. DCA.
or buy some FXE if you have a brokerage account and want some interest on your Euros rather than let them sit in your drawer.
__________________
I have an inferiority complex, but it's not a very good one.
bosco is offline   Reply With Quote
Re: So, um, the dollar?
Old 11-27-2006, 07:07 PM   #13
Thinks s/he gets paid by the post
 
Join Date: Apr 2006
Posts: 1,487
Re: So, um, the dollar?

Quote:
I wouldn't worry about the holiday Friday. Monday will fix whatever was out of wack.
eh?
__________________
d is offline   Reply With Quote
Re: So, um, the dollar?
Old 11-29-2006, 08:20 PM   #14
Thinks s/he gets paid by the post
2B's Avatar
 
Join Date: Mar 2006
Location: Houston
Posts: 4,330
Re: So, um, the dollar?

Quote:
Originally Posted by d
eh?
Well, maybe Wednesday fixed it. Who knows.

Wait till Thursday.
__________________

__________________
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane -- Marcus Aurelius
2B is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
The Declining Dollar Erodes Personal Savings camberiu FIRE and Money 45 05-17-2006 08:05 AM
Calculating pension dollar figure... FedOut@56 FIRE and Money 13 02-09-2006 03:17 PM
China dollar peg removed. What now? Olav23 FIRE and Money 28 07-26-2005 01:42 PM
Dollar rises, profits fall...? Caroline FIRE and Money 2 06-14-2005 05:57 PM
How does the Low US Dollar Affect Your Retirement? ShokWaveRider FIRE and Money 9 08-15-2004 07:24 AM

 

 
All times are GMT -6. The time now is 09:35 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.