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March 24, 2008 at 10:34 AM #175835March 24, 2008 at 10:47 AM #175395four wallingParticipant
The B of A charged me the going exchange rate for Euros with no mark up. I am not a “preferred customer” but I do keep about $20K in my .00001% interest bearing checking account.
So, I guess you can say they have been getting a free ride off those funds…
March 24, 2008 at 10:47 AM #175743four wallingParticipantThe B of A charged me the going exchange rate for Euros with no mark up. I am not a “preferred customer” but I do keep about $20K in my .00001% interest bearing checking account.
So, I guess you can say they have been getting a free ride off those funds…
March 24, 2008 at 10:47 AM #175752four wallingParticipantThe B of A charged me the going exchange rate for Euros with no mark up. I am not a “preferred customer” but I do keep about $20K in my .00001% interest bearing checking account.
So, I guess you can say they have been getting a free ride off those funds…
March 24, 2008 at 10:47 AM #175754four wallingParticipantThe B of A charged me the going exchange rate for Euros with no mark up. I am not a “preferred customer” but I do keep about $20K in my .00001% interest bearing checking account.
So, I guess you can say they have been getting a free ride off those funds…
March 24, 2008 at 10:47 AM #175845four wallingParticipantThe B of A charged me the going exchange rate for Euros with no mark up. I am not a “preferred customer” but I do keep about $20K in my .00001% interest bearing checking account.
So, I guess you can say they have been getting a free ride off those funds…
March 24, 2008 at 11:01 AM #175400DWCAPParticipantDepends on why you want them. If you want to invest, I have no idea. If you just want some, find a friend. I had a friend visit from Europe just before I went over there a few years ago. I traded them dollars they gave me pounds when they came over (ie pulled them out on the way to the airport) and we just went online to see the prices. You dont even need to know the person. When in SFO, talking about it with my traveling buddy, a person behind us in the food court from Germany wanted to do the same thing but with Euros. Wish I had had more dollars on me. But this was back when they traded at the oh so painful rate (sarcasim) of $1 to 1.1 Euros.
I work for a european company and people go back and forth all the time. It is kind of a unspoken tradition here. If traveling for buisness, ask a contact coming the other way. Just dont help that poor widow of an ex-african general trying to get outa africa who can pay in gold or diamonds.March 24, 2008 at 11:01 AM #175749DWCAPParticipantDepends on why you want them. If you want to invest, I have no idea. If you just want some, find a friend. I had a friend visit from Europe just before I went over there a few years ago. I traded them dollars they gave me pounds when they came over (ie pulled them out on the way to the airport) and we just went online to see the prices. You dont even need to know the person. When in SFO, talking about it with my traveling buddy, a person behind us in the food court from Germany wanted to do the same thing but with Euros. Wish I had had more dollars on me. But this was back when they traded at the oh so painful rate (sarcasim) of $1 to 1.1 Euros.
I work for a european company and people go back and forth all the time. It is kind of a unspoken tradition here. If traveling for buisness, ask a contact coming the other way. Just dont help that poor widow of an ex-african general trying to get outa africa who can pay in gold or diamonds.March 24, 2008 at 11:01 AM #175757DWCAPParticipantDepends on why you want them. If you want to invest, I have no idea. If you just want some, find a friend. I had a friend visit from Europe just before I went over there a few years ago. I traded them dollars they gave me pounds when they came over (ie pulled them out on the way to the airport) and we just went online to see the prices. You dont even need to know the person. When in SFO, talking about it with my traveling buddy, a person behind us in the food court from Germany wanted to do the same thing but with Euros. Wish I had had more dollars on me. But this was back when they traded at the oh so painful rate (sarcasim) of $1 to 1.1 Euros.
I work for a european company and people go back and forth all the time. It is kind of a unspoken tradition here. If traveling for buisness, ask a contact coming the other way. Just dont help that poor widow of an ex-african general trying to get outa africa who can pay in gold or diamonds.March 24, 2008 at 11:01 AM #175759DWCAPParticipantDepends on why you want them. If you want to invest, I have no idea. If you just want some, find a friend. I had a friend visit from Europe just before I went over there a few years ago. I traded them dollars they gave me pounds when they came over (ie pulled them out on the way to the airport) and we just went online to see the prices. You dont even need to know the person. When in SFO, talking about it with my traveling buddy, a person behind us in the food court from Germany wanted to do the same thing but with Euros. Wish I had had more dollars on me. But this was back when they traded at the oh so painful rate (sarcasim) of $1 to 1.1 Euros.
I work for a european company and people go back and forth all the time. It is kind of a unspoken tradition here. If traveling for buisness, ask a contact coming the other way. Just dont help that poor widow of an ex-african general trying to get outa africa who can pay in gold or diamonds.March 24, 2008 at 11:01 AM #175850DWCAPParticipantDepends on why you want them. If you want to invest, I have no idea. If you just want some, find a friend. I had a friend visit from Europe just before I went over there a few years ago. I traded them dollars they gave me pounds when they came over (ie pulled them out on the way to the airport) and we just went online to see the prices. You dont even need to know the person. When in SFO, talking about it with my traveling buddy, a person behind us in the food court from Germany wanted to do the same thing but with Euros. Wish I had had more dollars on me. But this was back when they traded at the oh so painful rate (sarcasim) of $1 to 1.1 Euros.
I work for a european company and people go back and forth all the time. It is kind of a unspoken tradition here. If traveling for buisness, ask a contact coming the other way. Just dont help that poor widow of an ex-african general trying to get outa africa who can pay in gold or diamonds.March 24, 2008 at 11:16 AM #175415stansdParticipantThe Euro is overvalued.
-At my company, our European workers are substantially more expensive than our American ones now, who are in turn, much more expensive than our latin american ones.
-My old boss is moving to Geneva: you wouldn’t believe all the ski equipment and everything else he’s buying here prior to moving-it’s 2-3 times cheaper.
-Every time someone visits from Europe, they head to the mall for a shopping spree.
-My international stock fund has begun hedging it’s Euro risk because it thinks the currency is overvalued (Never happened before-one reason I bought in several years ago).
-the Purchasing power parity models I’ve seen confirm the above.
If our govenment inflates the heck out of the money supply (a real possibility), that could be one way to bring this back into balance, but I’d consider hedging currency risk beyond the Euro if you are worried about the dollar.
Stan
March 24, 2008 at 11:16 AM #175766stansdParticipantThe Euro is overvalued.
-At my company, our European workers are substantially more expensive than our American ones now, who are in turn, much more expensive than our latin american ones.
-My old boss is moving to Geneva: you wouldn’t believe all the ski equipment and everything else he’s buying here prior to moving-it’s 2-3 times cheaper.
-Every time someone visits from Europe, they head to the mall for a shopping spree.
-My international stock fund has begun hedging it’s Euro risk because it thinks the currency is overvalued (Never happened before-one reason I bought in several years ago).
-the Purchasing power parity models I’ve seen confirm the above.
If our govenment inflates the heck out of the money supply (a real possibility), that could be one way to bring this back into balance, but I’d consider hedging currency risk beyond the Euro if you are worried about the dollar.
Stan
March 24, 2008 at 11:16 AM #175772stansdParticipantThe Euro is overvalued.
-At my company, our European workers are substantially more expensive than our American ones now, who are in turn, much more expensive than our latin american ones.
-My old boss is moving to Geneva: you wouldn’t believe all the ski equipment and everything else he’s buying here prior to moving-it’s 2-3 times cheaper.
-Every time someone visits from Europe, they head to the mall for a shopping spree.
-My international stock fund has begun hedging it’s Euro risk because it thinks the currency is overvalued (Never happened before-one reason I bought in several years ago).
-the Purchasing power parity models I’ve seen confirm the above.
If our govenment inflates the heck out of the money supply (a real possibility), that could be one way to bring this back into balance, but I’d consider hedging currency risk beyond the Euro if you are worried about the dollar.
Stan
March 24, 2008 at 11:16 AM #175774stansdParticipantThe Euro is overvalued.
-At my company, our European workers are substantially more expensive than our American ones now, who are in turn, much more expensive than our latin american ones.
-My old boss is moving to Geneva: you wouldn’t believe all the ski equipment and everything else he’s buying here prior to moving-it’s 2-3 times cheaper.
-Every time someone visits from Europe, they head to the mall for a shopping spree.
-My international stock fund has begun hedging it’s Euro risk because it thinks the currency is overvalued (Never happened before-one reason I bought in several years ago).
-the Purchasing power parity models I’ve seen confirm the above.
If our govenment inflates the heck out of the money supply (a real possibility), that could be one way to bring this back into balance, but I’d consider hedging currency risk beyond the Euro if you are worried about the dollar.
Stan
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