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Search: Posts Made By: Wendy&Mike
Showing results 1 to 8 of 8
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Forum: Australia
Feb 23rd 2008, 11:51 am
Replies: 104
Views: 10,900
Posted By Wendy&Mike

Re: exchange rate

Gordon was one of the many reasons we left the UK. That guy will go down in history as the person that caused the most damage to the UK economy full stop.

I see the latest thing is the pensions...
Forum: Australia
Feb 21st 2008, 3:21 pm
Replies: 104
Views: 10,900
Posted By Wendy&Mike

Re: exchange rate

Good choice IMHO.

Mike.
Forum: Australia
Feb 21st 2008, 12:05 pm
Replies: 104
Views: 10,900
Posted By Wendy&Mike

Re: exchange rate

So, when will you exchange?

At 3.00 the rate we got when we visited in Aug 03?
At 2.68, the rate we got when we moved 4 years ago? We should have waited for that $3 again.
At 2.38 the rate I was...
Forum: Australia
Feb 20th 2008, 3:13 pm
Replies: 104
Views: 10,900
Posted By Wendy&Mike

Re: exchange rate

I also think Australian house prices will level off or even drop over this year. As you say, it has to happen.

My personal prediction on exchange rates is that is will hit rock bottom at $1.90 and...
Forum: Australia
Feb 20th 2008, 2:53 pm
Replies: 104
Views: 10,900
Posted By Wendy&Mike

Re: exchange rate

As I said in the previous post, it could be 2.30 or 1.90 in 3 months time. If anyone knows which, they can make a fortune. The worst case scenario is you leave it in the UK earning 5.5% and the rate...
Forum: Australia
Feb 20th 2008, 1:38 pm
Replies: 104
Views: 10,900
Posted By Wendy&Mike

Re: exchange rate

By loosing money. If you leave it in the UK and earn a few percent rather than get 7.5% here then you won't make much of a gain.

Mike.
Forum: Australia
Feb 20th 2008, 1:33 pm
Replies: 104
Views: 10,900
Posted By Wendy&Mike

Re: exchange rate

There are people that make millions predicting the forex markets. The reason they make so much is because it is almost impossible to do. Today the rate hit 2.11, in 3 months time it could be 2.30 or...
Forum: Australia
Feb 19th 2008, 1:18 pm
Replies: 104
Views: 10,900
Posted By Wendy&Mike

Re: exchange rate

Why would you want to save in the UK? Here you get 7% on term deposits. What do you get in the UK? The trend is your friend and the trend is down.

Mike.
Showing results 1 to 8 of 8


 
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