Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 08-15-2015, 05:17 PM   #21
Thinks s/he gets paid by the post
 
Join Date: May 2008
Posts: 2,259
USD has come a long way (the tables have turned since this thread was posted in 2009)... My USD has been doing so much better against CAD (I am in Canada now..)

I imagine some of you are happy that USD is stronger while some are unhappy... It feels kind I am riding some kind of roller coaster... (Making a huge purchase could be tricky...)
__________________

__________________
tmm99 is online now   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!

Old 08-15-2015, 06:42 PM   #22
Recycles dryer sheets
 
Join Date: May 2014
Location: Yuma AZ
Posts: 270
Currencies may fluctuate against each other, but overall it seems all government officials like to spend money they don't have, and create inflation.
__________________

__________________
unno2002 is offline   Reply With Quote
Old 08-15-2015, 09:50 PM   #23
Recycles dryer sheets
 
Join Date: Jul 2013
Posts: 189
Running_man called it back in 2009, he called for for right reasons. The yuan and the euro are in the tank. All those people saying the yuan was going to be a reserve currency "Ha" fat chance of that happening
__________________
alaska55 is offline   Reply With Quote
Old 08-15-2015, 11:04 PM   #24
Thinks s/he gets paid by the post
 
Join Date: Sep 2012
Location: Seattle
Posts: 2,905
Is RunningMan some sort of financial god or a psychic? That was a pretty great 2009 prediction. I will have to go look at some of his other posts to see if this was just a fluke.


Nevermind. He predicted the DOW would be at 4900 at the end of 2009 and it ended up being over 10,000.
__________________
Fermion is offline   Reply With Quote
Old 08-16-2015, 05:22 AM   #25
Thinks s/he gets paid by the post
 
Join Date: May 2014
Location: Utrecht
Posts: 2,211
Quote:
Originally Posted by alaska55 View Post
Running_man called it back in 2009, he called for for right reasons. The yuan and the euro are in the tank. All those people saying the yuan was going to be a reserve currency "Ha" fat chance of that happening
Don't know the odds, but I wouldn't dismiss the yuan as reserve currency in the near future.

The yuan and the SDR: China knocks on the reserve-currency door | The Economist

The USD / EUR ratio has gotten me confused a bit as to what my actual portfolio performance has been the past two years.
__________________
Totoro is offline   Reply With Quote
Old 08-16-2015, 09:20 AM   #26
Thinks s/he gets paid by the post
JoeWras's Avatar
 
Join Date: Sep 2012
Posts: 2,519
I click on this thread and think: "What is wrong with OP, this post doesn't make sense." Then I notice it is from 2009. Oh!

USD value is always a plus/minus, depending on your situation. As a US Citizen touring abroad, it is "whoo hoo" right now. But if I were an exporter, I might be crying.

I was reading about the yuan, and how this may affect production of Mercedes in the USA. A lot of US build Mercedes are exported to China. This may throw a wrench in the works.
__________________
JoeWras is offline   Reply With Quote
Old 08-16-2015, 09:33 AM   #27
Recycles dryer sheets
jetpack's Avatar
 
Join Date: Aug 2013
Posts: 317
So when will the up trend turn around? Sell high.
__________________
jetpack is offline   Reply With Quote
Old 08-16-2015, 09:36 AM   #28
Thinks s/he gets paid by the post
 
Join Date: Aug 2004
Location: Houston
Posts: 1,435
Who dares bump this thread from six years ago!?
__________________
soupcxan is offline   Reply With Quote
Old 08-16-2015, 09:46 AM   #29
gone traveling
 
Join Date: Sep 2013
Posts: 1,248
Strong dollar makes investing in overseas markets attractive.....
Time to add to international exposure.
__________________
eta2020 is offline   Reply With Quote
Old 08-16-2015, 10:10 AM   #30
Full time employment: Posting here.
NYEXPAT's Avatar
 
Join Date: Jul 2009
Location: Miraflores,Peru
Posts: 874
I just filed for SS last week and my payment ( in Dollars) will be worth 20% more (in local currency) than just 18 months ago. The probability of no COLA this year is ok as inflation (here) is running below 3%.
__________________
NYEXPAT is offline   Reply With Quote
Old 08-16-2015, 10:39 AM   #31
Thinks s/he gets paid by the post
 
Join Date: Mar 2011
Posts: 3,697
Quote:
Originally Posted by JoeWras View Post
I click on this thread and think: "What is wrong with OP, this post doesn't make sense." Then I notice it is from 2009. Oh!
I had the same reaction! "What are these people talking about?!"

Back to 2015, all this gives weight to the investing axiom: "Over time"
__________________
Living well is the best revenge!
Retired @ 52 in 2005
marko is offline   Reply With Quote
Old 08-16-2015, 11:25 AM   #32
Thinks s/he gets paid by the post
 
Join Date: May 2008
Posts: 2,259
Quote:
Originally Posted by soupcxan View Post
Who dares bump this thread from six years ago!?
So sorry! I am the OP. I was browsing through my old threads and found this particular thread. I apologize if I confused some of you.

The value of USD going up is making a huge impact on my finance since I hold all my assets in USD while living in Canada. It's like the stock market went up by 30% and my assets are now worth much more (if I spend my money in Canada) but just like the stock market, we don't know how long it will last (Only 4 years ago, USD $1 was weaker than CAD $1).

I decided to bump this thread up because it is affecting everyone else who is holding USD's living in a foreign country (or frequent foreign countries), and I wanted to know what they thought about this huge change in the last several months.
__________________
tmm99 is online now   Reply With Quote
Old 08-16-2015, 11:28 AM   #33
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,446
I think it's fun to see old threads. What we thought would happen, what did happen. Not so much who got it, more like "why was I thinking that"?
__________________
MichaelB is online now   Reply With Quote
Old 08-16-2015, 11:34 AM   #34
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,402
I love to see old threads. How time flew!
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 08-16-2015, 12:21 PM   #35
Moderator Emeritus
Bestwifeever's Avatar
 
Join Date: Sep 2007
Posts: 16,373
Quote:
Originally Posted by MichaelB View Post
I think it's fun to see old threads. What we thought would happen, what did happen. Not so much who got it, more like "why was I thinking that"?
Ditto.
__________________
“Would you like an adventure now, or would you like to have your tea first?” J.M. Barrie, Peter Pan
Bestwifeever is offline   Reply With Quote
Old 08-16-2015, 12:51 PM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,018
Ditto +1

I didn't know you could still bump a thread that old. Perhaps if you were the OP it is allowed.
__________________
Meadbh is offline   Reply With Quote
Old 08-16-2015, 01:53 PM   #37
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,402
Anybody can bump an old thread, not just the OP.

Back on how many of us got it wrong, perhaps it should not be surprising. The market always has a way to confound the majority. Else, everybody would be rich, and we know that cannot happen (who would be left to work?).

And when the majority is right, we collectively bid up an asset so much there is little upside left. Even when you are right, the timing is still important. You've got to beat the crowd getting in first, then beat them out the door when things turn sour.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 08-16-2015, 02:10 PM   #38
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2006
Posts: 11,018
Quote:
Originally Posted by NW-Bound View Post
Anybody can bump an old thread, not just the OP.
That has not been my experience. I have had error messages like "this thread is more than 299 days old and you cannot post to it". And yes, I did once donate to FireCalc.
__________________
Meadbh is offline   Reply With Quote
Old 08-16-2015, 02:10 PM   #39
gone traveling
 
Join Date: Sep 2013
Posts: 1,248
Quote:
Originally Posted by NW-Bound View Post
Anybody can bump an old thread, not just the OP.

Back on how many of us got it wrong, perhaps it should not be surprising. The market always has a way to confound the majority. Else, everybody would be rich, and we know that cannot happen (who would be left to work?).

And when the majority is right, we collectively bid up an asset so much there is little upside left. Even when you are right, the timing is still important. You've got to beat the crowd getting in first, then beat them out the door when things turn sour.
Lot of people were advocating to buy Foreign equities and Commodities.

They should had loaded up on US equities which had lost decade behind it.

And right now we should probably load up on underperforming assets like Emerging Markets and Oil. (That means add to positions in those areas)
__________________
eta2020 is offline   Reply With Quote
Old 08-16-2015, 02:32 PM   #40
Moderator
MichaelB's Avatar
 
Join Date: Jan 2008
Location: Rocky Inlets
Posts: 24,446
Quote:
Originally Posted by Meadbh View Post
That has not been my experience. I have had error messages like "this thread is more than 299 days old and you cannot post to it". And yes, I did once donate to FireCalc.
At the bottom of the page on these old threads there is a dialog box titled "Old thread warning" and allows you to select "I am aware that this Thread is rather old but I still want to make a reply".
__________________

__________________
MichaelB is online now   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 USD is Stronger. chinaco FIRE and Money 5 08-20-2008 03:59 PM
EUR/USD Trading godoftrading Other topics 0 05-28-2008 05:55 PM
10M USD Reference Portfolio poyet FIRE and Money 56 08-15-2006 02:48 AM
How did the USD do during stagflation? brewer12345 FIRE and Money 11 05-24-2006 09:13 AM

 

 
All times are GMT -6. The time now is 07:31 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.