Dollar still sliding

Just a quick note: IFO’s Sfr50.00 Swatch is now ‘worth’ $54.11. Last year at about this time, it was ‘worth’ about $50.

So, if we wanted to buy a Swatch in CH now, we’d have to have $54 to get it. Unless, of course, the price in Sfrs has changed. But, turns out IFO can buy one just like hers for $50.

Hmmm, Swatch must be adjusting for currency changes. Unless s&h charges are $4.


About InvestingforOne

I've been investing in various assets by myself using a discount broker for many years. Over that time, I've developed some theories that others might find useful. Plus, there is more to investing than money. Time, talent, work, friends, family all go into developing a good and satisfactory strategy.
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