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Author Topic: Advice on the $ please  (Read 4518 times)
UpTheMariners
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« Reply #30 on: August 28, 2008, 02:35:13 PM »

yay pay rise!
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Moskvich
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« Reply #31 on: August 28, 2008, 03:18:58 PM »

Quote
surely what you save on interest payments on that over the next few months will make it worth just converting it now rather than gambling on the $ getting stronger over that period
that

Bit of an assumption when you're talking about this sort of money - if the dollar strengthened to 1.8 to the pound, you'd be talking about gaining £55k - that's some mortgage interest!

I'd agree you should talk to someone professional - they might not know for sure which way it's going to go, but they could at least draw up some sort of management scheme and tell you what sort of risk/reward you'd be looking at.

I'll settle for just 10% of current profits, thanks. Stars, Full Tilt or Blonde, I'm easy.
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