virginiec

Gavbro you are a legend. Am impressed that you could forsee the huge financial meltdown. I assume you made a packet on shortselling HBOS et al?

I didnt have the balls to hang on until 2.75, the market is far too volatile. Transferred my life savings at 2.6275 so happy

BATS666

Dunno, i threw my rulebook away last week !!

gavbro

watch and see.
Hope you are not wanting pounds at the moment.

I told my sister to change hers a couple of moths ago as she is going to UK on holiday.
She is glad she did.

Gav

gavbro

Virginiec,
It's not what you change at all the time.
Well I left Aus I change at $2.32, so anything over that is profit.
Just need to sell my house lol.
Anyone want a 3 bed semi with loft conversion, pergola and gazibo in Rotherham, £170,000, great house lol.

gav

fluffball

All very exciting for converting GBP to AUS. We just missed out on the 2.62 rate but never mind.

What are your predicitions for timing on hitting 2.75?

gavbro

Fluffball (what a great name).
Around December for $2.75.
Can you wait that long?

Gav

virginiec

[QUOTE=gavbro;6856506]Virginiec,
It's not what you change at all the time.

What does this mean gavbro?

Well I left Aus I change at $2.32, so anything over that is profit.
Just need to sell my house lol.
Anyone want a 3 bed semi with loft conversion, pergola and gazibo in Rotherham, £170,000, great house lol.

How much AUD do you want for this?

gavbro

This means yo need to decide what you want.
Once you have that rate it's done.
Don't look at it again or you may just beat yourself up.

If you say I want $2.50, then change at that, don't look again as it may be $2.60, see what I mean.

To all those loverly women who said they want my baby, I am married, but if you are rich please message me lol.

Gav

fluffball

a name inspired by our darling pooch

hmm.. it might be tricky for us to hold on until then as we make the move to Sydney 2 weeks today. We are anticipating that a lot of the funds we have might be swallowed up by settling in costs in the first few months but it's hard for us to be sure 100% at the moment..

Decisions, decisions.. on the plus side, the exchange rate is still impressive compared to what we'd have got if we'd moved a few weeks ago (as we were originally supposed to)

gavbro

Fluffball,
Do it now.
That's what I would do, Sydney is so expencive you can't afford to lose a penny.
Come to Melbourne, the cost of living is cheap but wages still high.

Gav

virginiec

True, true. Just like I should have sold all my resouce stocks two months ago.

I really want to buy Yen or SGD as I feel these currencies will appreciate over the next six months. How do I do this as I have no assets etc over there?

chris96

2.63 on the OZ Forex site now!! Tempting, i was'nt planning on moving any cash but i maybe tempted in the next few days.
I may give westpac a call and reopen my bank account!!!!

stephen elaine

Got $2.53 @1.30 today ,think the rate may drop after todays interest cuts.But I may be wrong! currency market is very volatile at the moment,may dive in head first againits only money!!!!

chilliman

planning on moving to Oz Feb next year
already got a chunk of $AUD
got a big chunk ready to go

Been here before when I moved money in 2004, there was a big jump so changed, further moves up afterwards ... do I, don't I $2.75 would be nice

Bluerobot

When I looked this morning it was 2.68. Had a sandwich, cup of tea & a fag while watching the news. Saw on the news they had dropped interest rates & checked again. Got 2.5839 this afternoon, so that was the most expensive lunch I have ever had, cost me about 10K AUD. Never mind, very happy with what I got, certainly better than a couple of weeks ago.