Hi all,
Could anyone advise me on when and where i should sell my euros for swiss francs? the euro has dropped from a once impressive 1.68 to a current figure of 1.48. Is it worthwhile waiting a year or two to see what happens or should i just sell my euros now. obviously no one has a crystal ball but i'd appreciate any advice, especially from all you bankers! Are swiss francs a good currency to buy anyway?
thanx,
m.
Forums in Geneva > Geneva > Where and when to convert euro to swiss francs?
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Where and when to convert euro to swiss francs?
Oct 29, 2008 @ 08:26
The text you are quoting:
Hi all,
Could anyone advise me on when and where i should sell my euros for swiss francs? the euro has dropped from a once impressive 1.68 to a current figure of 1.48. Is it worthwhile waiting a year or two to see what happens or should i just sell my euros now. obviously no one has a crystal ball but i'd appreciate any advice, especially from all you bankers! Are swiss francs a good currency to buy anyway?
thanx,
m.
manics1984Oct 29, 2008 @ 08:26
Could anyone advise me on when and where i should sell my euros for swiss francs? the euro has dropped from a once impressive 1.68 to a current figure of 1.48. Is it worthwhile waiting a year or two to see what happens or should i just sell my euros now. obviously no one has a crystal ball but i'd appreciate any advice, especially from all you bankers! Are swiss francs a good currency to buy anyway?
thanx,
m.
manics1984Oct 29, 2008 @ 08:26
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Re: Where and when to convert euro to swiss francs?
Post 1
Oct 29, 2008 @ 11:37
No crystal ball, but I do know that these things go in cycles. The Euro may not have hit bottom yet but I believe it will go up again (though probably not to 1.68) within the next 6 months.
Where: you'll get the best rates (especially with large sums) at the two exchange places near the Geneva central train station.
Where: you'll get the best rates (especially with large sums) at the two exchange places near the Geneva central train station.
The text you are quoting:
No crystal ball, but I do know that these things go in cycles. The Euro may not have hit bottom yet but I believe it will go up again (though probably not to 1.68) within the next 6 months.
Where: you'll get the best rates (especially with large sums) at the two exchange places near the Geneva central train station.
Jered, Oct 29, 2008 @ 11:37
Where: you'll get the best rates (especially with large sums) at the two exchange places near the Geneva central train station.
Jered, Oct 29, 2008 @ 11:37
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Re: Where and when to convert euro to swiss francs?
Post 2
Oct 29, 2008 @ 11:45
May I suggest that you dont do it all at once and not for the same currency.
I think best and most simple solution is to keep one third in each currency, CHF, USD and EUR...
The 3 currencies( plus the GBP) are the basic currencies.
By diversifying, you would not have to stress out all the time about movements because the weakness of one will be the strength of another and should basically even it out for you by the end of the day.
The text you are quoting:
May I suggest that you dont do it all at once and not for the same currency.
I think best and most simple solution is to keep one third in each currency, CHF, USD and EUR...
The 3 currencies( plus the GBP) are the basic currencies.
By diversifying, you would not have to stress out all the time about movements because the weakness of one will be the strength of another and should basically even it out for you by the end of the day.
Tony_datone, Oct 29, 2008 @ 11:45
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Re: Where and when to convert euro to swiss francs?
Post 3
Oct 29, 2008 @ 12:10
... or you can sell them to me...i give you good rate ;)
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... or you can sell them to me...i give you good rate ;)
divagirl, Oct 29, 2008 @ 12:10
divagirl, Oct 29, 2008 @ 12:10
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Re: Where and when to convert euro to swiss francs?
Post 4
Oct 29, 2008 @ 12:15
Divagirl, is it an "only forrrr you my frrrriend" kind of deal? :)
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Divagirl, is it an "only forrrr you my frrrriend" kind of deal? :)
Tony_datone, Oct 29, 2008 @ 12:15
Tony_datone, Oct 29, 2008 @ 12:15
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Re: Where and when to convert euro to swiss francs?
Post 5
Oct 29, 2008 @ 12:18
thank you for your advice everyone, appreciate it.
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thank you for your advice everyone, appreciate it.
manics1984, Oct 29, 2008 @ 12:18
manics1984, Oct 29, 2008 @ 12:18
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Re: Where and when to convert euro to swiss francs?
Post 6
Oct 29, 2008 @ 12:56
tony,
yeah ;) special rate for you my friennnnn
but you'll have to buy a few drinks to the ladies ;).....i swear it won't take long....just 5 minutes of your time;);)
The text you are quoting:
tony,
yeah ;) special rate for you my friennnnn
but you'll have to buy a few drinks to the ladies ;).....i swear it won't take long....just 5 minutes of your time;);)
divagirl, Oct 29, 2008 @ 12:56
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Re: Where and when to convert euro to swiss francs?
Post 7
Oct 29, 2008 @ 14:18
I don't use it, but from some people that do this kind of investiment I hard that Swissquote is quite good for currencies trading. Might be worth having a look at it :)
V
The text you are quoting:
I don't use it, but from some people that do this kind of investiment I hard that Swissquote is quite good for currencies trading. Might be worth having a look at it :)
V
Hoiling, Oct 29, 2008 @ 14:18
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Re: Where and when to convert euro to swiss francs?
Post 8
Oct 30, 2008 @ 08:55
Gold is good.
"ET: What do you suggest an investor should do?
WKE: Don’t keep paper money. The Euro has become toilet paper, and the Franc is not better off. I suggest that people have sufficient food, buy an acre of arable land and invest in gold. Gold is still cheap at US$3,000 an ounce."
http://en.epochtimes.com/n2/world/commentator-discusses-long-business-cycles-and-the-current-financial-crisis-6206.html
"ET: What do you suggest an investor should do?
WKE: Don’t keep paper money. The Euro has become toilet paper, and the Franc is not better off. I suggest that people have sufficient food, buy an acre of arable land and invest in gold. Gold is still cheap at US$3,000 an ounce."
http://en.epochtimes.com/n2/world/commentator-discusses-long-business-cycles-and-the-current-financial-crisis-6206.html
The text you are quoting:
Gold is good.
"ET: What do you suggest an investor should do?
WKE: Don’t keep paper money. The Euro has become toilet paper, and the Franc is not better off. I suggest that people have sufficient food, buy an acre of arable land and invest in gold. Gold is still cheap at US$3,000 an ounce."
http://en.epochtimes.com/n2/world/commentator-discusses-long-business-cycles-and-the-current-financial-crisis-6206.html
hrv_nomad, Oct 30, 2008 @ 08:55
"ET: What do you suggest an investor should do?
WKE: Don’t keep paper money. The Euro has become toilet paper, and the Franc is not better off. I suggest that people have sufficient food, buy an acre of arable land and invest in gold. Gold is still cheap at US$3,000 an ounce."
http://en.epochtimes.com/n2/world/commentator-discusses-long-business-cycles-and-the-current-financial-crisis-6206.html
hrv_nomad, Oct 30, 2008 @ 08:55
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Re: Where and when to convert euro to swiss francs?
Post 9
Nov 1, 2008 @ 17:10
Divagirl,
Ouch! I hope my back didnt hurt your knife :)
The text you are quoting:
Divagirl,
Ouch! I hope my back didnt hurt your knife :)
Tony_datone, Nov 1, 2008 @ 17:10
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