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05-18-2015, 04:31 PM
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#41
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 13,544
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 Quote:
Originally Posted by audreyh1
Yeah - darn it! And we leave for France soon. Stay down, stay down Euro!!!!
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I agree! Darn it.
We head out in a month - and have a whole bunch of "balances due" on lodgings in the next 4-6 weeks. I'd love to see it down to 1.05ish again.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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05-18-2015, 05:23 PM
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#42
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 34,688
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Well the Euro backed off a little today.
I'd be happy enough with around 1.10 and I hope it heads back down there. Just don't want to see it creep much higher.
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Retired since summer 1999.
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05-19-2015, 08:36 AM
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#43
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Give me a museum and I'll fill it. (Picasso)
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Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 34,688
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Big drop in the Euro yesterday and today. Knock on wood! (I don't want to jinx anything.)
__________________
Retired since summer 1999.
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05-19-2015, 09:23 AM
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#44
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Give me a museum and I'll fill it. (Picasso)
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Join Date: May 2006
Location: west coast, hi there!
Posts: 8,543
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If the Euro rises against the dollar our International stocks will benefit more then the extra cost of our September Europe trip. So I'm not worried either way. Bought back our International allocation May 1, so the currency worked in our favor (this time).
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05-19-2015, 10:50 AM
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#45
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Give me a museum and I'll fill it. (Picasso)
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Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 34,688
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Quote:
Originally Posted by Lsbcal
If the Euro rises against the dollar our International stocks will benefit more then the extra cost of our September Europe trip. So I'm not worried either way. Bought back our International allocation May 1, so the currency worked in our favor (this time).
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It's just the timing though. I won't be selling any of my foreign holdings over the next month. I don't mind if they temporarily drop while I enjoy lower exchange rate during my Europe travels.
I rebalanced adding to my international mutual funds at the beginning of the year, after the tough 2014. And they are my strongest performers YTD in spite of the strong dollar!
__________________
Retired since summer 1999.
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05-19-2015, 01:12 PM
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#46
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Give me a museum and I'll fill it. (Picasso)
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Join Date: May 2006
Location: west coast, hi there!
Posts: 8,543
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Quote:
Originally Posted by audreyh1
It's just the timing though. I won't be selling any of my foreign holdings over the next month. I don't mind if they temporarily drop while I enjoy lower exchange rate during my Europe travels.
I rebalanced adding to my international mutual funds at the beginning of the year, after the tough 2014. And they are my strongest performers YTD in spite of the strong dollar!
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OK, I'll dial in a brief Euro decline just for you! Enjoy your trip. 
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05-19-2015, 03:44 PM
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#47
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Give me a museum and I'll fill it. (Picasso)
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Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 34,688
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Oh, thank you! Much appreciated!!! 
__________________
Retired since summer 1999.
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05-19-2015, 08:14 PM
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#48
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gone traveling
Join Date: Apr 2011
Posts: 3,375
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Quote:
Originally Posted by MichaelB
The US$ sure is on a tear, and probably has a bit more room to rise against the Euro. Parity approaches. All good things come to an end, however, and that rate will not remain forever. I'd like to lock it in for future travel plans, say a year or so from now. What is the best way to exchange a couple of $K into Euros for this purpose? Everbank sells 12 month Euro CDs, but their fees and exchange rates aren't clear, and the currency gain would be taxable income. I'm wondering if there is a way to lock in the rate now, and be able to use it in some future date without any future need to reconvert. Pre-paid debit cards, perhaps?
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This puzzles me. If you buy your plane tickets, pre-pay hotels & trains & get US $ rate on rental car, all you haven't locked in is food & some tours - many of which can be pre-paid. Net, I don't see the issue.
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05-19-2015, 10:43 PM
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#49
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Give me a museum and I'll fill it. (Picasso)
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Join Date: Jan 2006
Location: Rio Grande Valley
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Quote:
Originally Posted by gerntz
This puzzles me. If you buy your plane tickets, pre-pay hotels & trains & get US $ rate on rental car, all you haven't locked in is food & some tours - many of which can be pre-paid. Net, I don't see the issue.
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I don't think his plans are specific enough to pre-pay for stuff.
__________________
Retired since summer 1999.
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05-20-2015, 05:21 AM
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#50
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gone traveling
Join Date: Apr 2011
Posts: 3,375
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Quote:
Originally Posted by audreyh1
I don't think his plans are specific enough to pre-pay for stuff.
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OK. But then why/how can you be so specific of locking in exchange on a non-specific trip? 
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05-21-2015, 10:52 PM
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#51
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Give me a museum and I'll fill it. (Picasso)
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Join Date: Jan 2006
Location: Rio Grande Valley
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Yesterdays exchange rate was 1.115, so I'm not crying too much. 
__________________
Retired since summer 1999.
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05-28-2015, 01:37 PM
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#52
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Administrator
Join Date: Jan 2008
Location: Land of Florida Man
Posts: 38,418
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Looks like it passed 1.09 and still has legs to run. Hope you still have some Euro expenses to pay..
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05-28-2015, 01:46 PM
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#53
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 13,544
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As someone travelling in a month... I'll take a decline of the Euro, please.
Most of our vacation rentals require balances to be paid on arrival. All of our meals and spending are yet to be paid. So a decline in the Euro will do me a lot of good... Like potentially thousands of dollars.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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05-29-2015, 01:03 AM
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#54
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Give me a museum and I'll fill it. (Picasso)
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Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 34,688
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1.09 and dropping!
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05-29-2015, 04:58 AM
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#55
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Thinks s/he gets paid by the post
Join Date: Jun 2013
Posts: 2,481
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Have those who have recently booked travel noticed a drop in prices quoted in US dollars on hotels? How about air? Or are you booking hotels in Euro's and thus dependent on the exchange rate the day you place the charge on a CC?
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"Luck favors the prepared mind"
Pasteur
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05-29-2015, 01:41 PM
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#56
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Give me a museum and I'll fill it. (Picasso)
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Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 34,688
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The exchange rate applies the day your credit card charge is posted. We don't look at prices quoted in USD, only prices quoted in Euros.
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Retired since summer 1999.
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