how2 profit from the strong pound

[mrdonuts]

any ideas on how to profit from the strong pound

i'm thinking purchasing a property in the states, due to the double whammy of falling prices and strong currency is the best bet

[dotnetter]

When I was in cancun a couple of weeks back, I was shocked at how cheap the property was and it's not like its a run down area or anything, plus its growing all the time.

[alreadypacked]

any ideas on how to profit from the strong pound

i'm thinking purchasing a property in the states, due to the double whammy of falling prices and strong currency is the best bet

A bit of a whammy, if they haven’t stopped falling yet

[King Cnvt]

I believe the dollar will fall further and so will the US property market. Might be a good short term plan of you can get rental income.

[pickle]

any ideas on how to profit from the strong pound

i'm thinking purchasing a property in the states, due to the double whammy of falling prices and strong currency is the best bet

Hmm, Im not convinced buying into a falling property market and investing into a weakening currency at the same time is such a great idea. Sure, if you catch the bottom of both markets you could get rich, but I think the phrase is "like catching a falling knife". Try catching two at the same time, and you will most likely lose at least a few fingers.

[Buffoon]

It's a bastard when you earn in USD and spend in GBP !

[rootsnall]

When the UK property market popped last time you didn't want to be buying again for about 6 or 7 years. I'd hang on a bit yet !

[gingerjedi]

The US could be in terminal decline they've had it far too good for far too long... sound familiar?? Watch this space!

China is your best bet but I wouldn't go on any of the roller coasters.

[mrdonuts]

i reckon max rate for the pound is 2.20 , dont think we'll see it though

the economy here is fcuked so i'm pretty sure in the long term there will be a rebalancing, most likely pound and euro will fall against the dollar and bric countries will rise to match the rebalancing thats going on in the world economy

should just be a matter of timing the buy and the sell

[mrdonuts]

as for china, could do that, but the CP keeps interfering and it can be tricky to get rental income out