£ / €

[DimPrawn]

Just assets, two properties. Just sold one but the cash won't be released until next month

Oh dear. Gidiot says a Brexit will mean the £££ with be worth 0, so that's ALL your money gone!

 

[The_Equalizer]

Just assets, two properties. Just sold one but the cash won't be released until next month

So your £20K is just a hedge. Fair dos though, as I presume you'd shift your house money into Euros.

 

[BlasterBates]

Just assets, two properties. Just sold one but the cash won't be released until next month

still might be a winner

 

[scooterscot]

Oh dear. Gidiot says a Brexit will mean the £££ with be worth 0, so that's ALL your money gone!

ARGH.

 

[scooterscot]

So your £20K is just a hedge. Fair dos though, as I presume you'd shift your house money into Euros.

That or pay off what remains of mortgage on the remaining property. It's all swings and roundabouts.

 

[The_Equalizer]

That or pay off what remains of mortgage on the remaining property and move back to the dear old UK. It's all swings and roundabouts.

FTFY - we'll get you onside yet.

 

[scooterscot]

FTFY - we'll get you onside yet.

My earnings and spending are in euros. We use the sterling for shopping trips and restaurants, nothing meaningful.

 

[AtW]

Are any of you currency experts who are predicting the demise of the £ vs € actually betting on it?

I am keeping large sum of USD/EUR to change only after referendum takes place.

If there is a LEAVE vote then I expect to buy a few rows of houses for 5 dollars.

HTH

 

[DimPrawn]

I am keeping large sum of USD/EUR to change only after referendum takes place.

If there is a LEAVE vote then I expect to buy a few rows of houses for 5 dollars.

HTH

Sound an awful lot like DIRTY SPEKULATION!

 

[Churchill]

I'd watch GBP/USD or GBP/JPY (Japanese Yen) because if brexit happens the Euro will probably dive as well whereas USD and JPY (and CHF - Swiss Franc) are safe havens so GBP/USD or GBP/JPY GBP/CHF will give a much bigger move.

I've got my currency account open and ready to buy a shed load of Euro's when it tanks!