brewer12345
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 6, 2003
- Messages
- 18,085
Every year, The Economist publishes the Big Mac Index. It is a snapshot of relative values of different currencyies based on the cost of a Big Mac in USD terms in different countries. Over time it has a good track record of showing the most over and under valued currencies in the world. How about a very simple investment strategy: every year, we buy a 1 year CD at everbank.com denominated in the cheapest currency according to the index.
Thoughts? (Yes, I had some wine with lunch).
Thoughts? (Yes, I had some wine with lunch).