St. Barts Discussion >> St. Barths Discussion

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timModerator
Moderator


Reged: 06/18/03
Posts: 5995
Loc: Vélo, Virginia, Vitet
Re: Dollar/Euro Improvement? new [Re: snakemtn]
      #139864 - 08/27/08 06:58 AM

snake,

I agree with MikeR. Even if you could do it, I can't imagine it's worth the trouble.

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lambchop1101



Reged: 07/27/07
Posts: 896
Loc: New Orleans, USA
Re: Dollar/Euro Improvement? new [Re: tim]
      #139866 - 08/27/08 07:48 AM

holy euro, batman....that's very cool!!!

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"breathe it in, breathe it out. this is the only moment you can do anything about."


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Voosh



Reged: 01/14/07
Posts: 1676
Loc: Detroit
Re: Dollar/Euro Improvement? new [Re: lambchop1101]
      #139878 - 08/27/08 09:53 AM

This probably belongs in the EE thread.

After many years in "bidness", I ask, why does it seem that playing around with rules and regulations is more lucrative than making something, building something, growing something?

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AHowell



Reged: 04/07/04
Posts: 699
Loc: Indianapolis, IN
Re: Dollar/Euro Improvement? new [Re: snakemtn]
      #139883 - 08/27/08 11:09 AM

This question had me lying awake late... first wondering why not just bring back and hold onto say 1000 Euros (your saving account in your freezer type deal)... and then I ran the numbers if I had done this in 2004 (1.30 exchange rate) until now (say 1.55), I'd have made $250 over 4 years on my $1300 which is about 20% or just 5% a year, which is really not that great...

LOL Yea, I was clearly not really sleepy.


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NYCFred



Reged: 01/06/04
Posts: 6119
Loc: NYC
Re: Dollar/Euro Improvement? new [Re: Mike R]
      #139890 - 08/27/08 12:33 PM

<<.but I hear you need tons of paperwork now and everything is scrutinized to the max...>>>

Well, of course.

It's NOT like it's YOUR MONEY, or anything.

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fins85258



Reged: 05/02/05
Posts: 1092
Loc: Scottsdale, Az
Re: Dollar/Euro Improvement? [Re: andynap]
      #139899 - 08/27/08 03:28 PM

Quote:

Quote:

1.46 in the St. Barth "News" today. How low can it go?




I was hoping 1:1 in January. :)




Some historical data to digest:

date exchange rate
9/03 1.1
1/04 1.25
1/05 1.32
1/06 1.18
1/07 1.3
1/08 1.45
today 1.50

http://www.mees.com/postedarticles/oped/a47n33d01.htm

Then add this article on currencies and oil prices to the mix.


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