Time for a trip to the States I think

**Buffoon** · 23 January 2007, 18:26

It's great except if you are earning in USD and spending in GBP like me.

If any one cares DailyFX have a chart to play with. There are many others.

I can't give an opinion as I am on the borderline of being a market professional and I could get myself into trouble.

**thunderlizard** · 23 January 2007, 18:38

Been there. Used to write for a US magazine but gave it up in 2003 for that reason.

It would be a good time to invest in US equities if they weren't at an all time high. Quandaries quandaries.

**darmstadt** · 23 January 2007, 21:11

Originally posted by Buffoon

It's great except if you are earning in USD and spending in GBP like me.

Its a real bummer. I invoice in USD but also any other currency in which I've incurred expenses (i.e GBP, CHF, Euro, etc) to an American firm who then convert it and then pay me in USD to my Euro bank account here in Germany. I've just started charging them bank charges as each transfer costs me at least €20.

**wxman** · 23 January 2007, 23:55

Yes but look at how much the flights have gone up in the last two years - almost £200!

**Cowboy Bob** · 24 January 2007, 06:22

I used to work for an online gambling company. It's probably not safe for me to travel there at the moment...

**The Lone Gunman** · 24 January 2007, 07:45

Originally posted by darmstadt

Its a real bummer. I invoice in USD but also any other currency in which I've incurred expenses (i.e GBP, CHF, Euro, etc) to an American firm who then convert it and then pay me in USD to my Euro bank account here in Germany. I've just started charging them bank charges as each transfer costs me at least €20.

Do what I did. I have an offshore business bank account which is realy 3 accounts. Sterling, Euro and USD. I give the appropriate numbers for the invoice to my client. Transfers between the accounts are free. As this company is also my onshore bank transfers to my private account (wages) are also free.

Maybe you should see if any are available to you.

**expat** · 24 January 2007, 08:09

Originally posted by Cowboy Bob

I used to work for an online gambling company. It's probably not safe for me to travel there at the moment...

Doesn't make any difference. If the Americans want you arrested for possibly breaking American laws that didn't exist at the time, the UK Government will do it for them.

**Spacecadet** · 24 January 2007, 09:21

Originally posted by expat

Doesn't make any difference. If the Americans want you arrested for possibly breaking American laws that didn't exist at the time, the UK Government will do it for them.

And they won't even let the small issues e.g. lack of evidence get in the way

**Mailman** · 24 January 2007, 09:41

Originally posted by expat

Doesn't make any difference. If the Americans want you arrested for possibly breaking American laws that didn't exist at the time, the UK Government will do it for them.

Oh, so thats where Gordo gets his tax law ideas from!

Mailman

Time for a trip to the States I think