For advanced readers – Currency news

IFO’s Swatch wristwatch, bought in Switzerland almost exactly one year ago for $50 (SFrs 50 at the time as well) is now ‘worth’ $56.41. A couple of days ago, it was ‘worth’ $56.74.

New site added to blog roll: the Online Forex Trading site. This is a very new concept for IFO – one we are not sure we will pursue. It looks like grad school for individual investors. OTOH, what the heck? Couldn’t be any worse than real estate, right?

We will study this subject very, very carefully before embarking on an added investment path. Based on the currency changes noted above in our wristwatch example, we’re not sure it is a good idea.

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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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