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 Anyone know about foreign FD?

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post Apr 14 2008, 10:14 PM

Moonlight Healing Escalation!
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675 posts

Joined: Jan 2008
From: Heaven


must be careful with conversion only

cause u always buy the currency at a higher price compared to when you sell it, need to know how to cheong at the correct time
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post Aug 12 2008, 12:28 AM

Moonlight Healing Escalation!
****
Senior Member
675 posts

Joined: Jan 2008
From: Heaven


i think foreign fd is not a feasible way of expanding your money's worth. it helps protect your money's value only at best. furthermore, the term 'fd' is misleading, because it doesn't take into account the change in currency rates tongue.gif are u interested in the new zealand dollar? need to first question why the interest rate is so high for the NZD in the first place ...

 

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