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Which currency to buy?

  • 29-06-2015 10:48am
    #1
    aido79
    Registered Users, Registered Users 2 Posts: 5,374 ✭✭✭


    With the possibility of Greece leaving the Eurozone looking more likely what effect will this have on the Euro. Would it be wise to buy other currencies with Euro or is it best to keep it in Euro for now? What currencies would(if any) benefit from a drop in the value of the Euro?


Comments

  • #2
    Benny122
    Registered Users, Registered Users 2 Posts: 133 ✭✭Benny122


    Can anyone advice is now a good time to buy South African Rand? I'm thinking of purchasing some and keeping it. It's 17 rand for every € at the minute


  • #3
    Sonnenblumen
    Registered Users, Registered Users 2 Posts: 5,834 ✭✭✭Sonnenblumen


    Benny122 wrote: »
    Can anyone advice is now a good time to buy South African Rand? I'm thinking of purchasing some and keeping it. It's 17 rand for every € at the minute

    You can try my Crystal Ball, just € 2.00 to have a go! Interested?


  • #4
    Roonbox
    Registered Users, Registered Users 2 Posts: 499 ✭✭Roonbox


    aido79 wrote: »
    With the possibility of Greece leaving the Eurozone looking more likely what effect will this have on the Euro. Would it be wise to buy other currencies with Euro or is it best to keep it in Euro for now? What currencies would(if any) benefit from a drop in the value of the Euro?

    Even after such a run for the past 2 years I would buy USD on a dip with a view to holding for a year or so.
    Based entirely on the principal that when things go tits up people will flee to the dollar as happened in 2008/09


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