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  • From: Greg Cox <glcox AT pobox.com>
  • To: "Internetworkers: http://www.ibiblio.org/internetworkers/" <internetworkers AT lists.ibiblio.org>
  • Subject: Re: [internetworkers] Social Security reform? (was: UK contracting)
  • Date: Wed, 9 Feb 2005 11:29:54 -0500 (EST)

> > Speaking of which, what's a good way to put some small savings (a few
> > hundred to few thousand bucks) into Euros as a hedge? I'm not world-
> > traveler enough to know who socks you with heinous fees.
>
> You'll want to pick good investments and you'll want to diversify.
> But, you don't have the time, expertise or other resources to manage a
> mixed portfolio of overseas.
>
> So, look for mutual fund that invests in instruments traded in foreign
> currencies. More specifically, look for a well performing one that does
> little to no exchange rate hedging.

I appreciate the advice, but that's far removed from the actual
question I asked: simple low-cost currency exchange. I fully realize
that holding currency instead of investments would lose to inflation.





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