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Hi, I am an American living in Sweden and have ...

Hi, I am an American living in Sweden and have investments over here in Swedish currency. With todays Dollar rate it would translate into lots and lots of Dollars, and was wondering what you think of transferring all to my/a new U.S. bank or investment house and get good return and investing it the same way but from the U.S., we are moving back to the U.S. in a few years, but by then I think the Dollar has risen again to it's "normal" level, so we would probably not be able to gain as much as now. Grateful for all opinions and advice. Sincerely, Fred


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Love is the battery of life....

Hi,
If you are sure that you return to the States the best thing to do is buy a propety now in the States.  The exchange rate is now in your favour.  I believe that as long as the USA stays in Iraqe the exchange rate won't change much but it will increase dramatically when the USA decides to withdraw it's forces (and do all it's best to improve the economy). 
Best regards,


Posted 5 months ago ( permalink )
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2684 thumbs up

FREE Help the UN feed people by playing a game Go to freerice.com For every correct answer in the game, rice is donated to hungry people It's FREE, fun, and educational.

To feed animals for free, go to http://www.theanimalrescuesite.com/clickToGive.

"What does it profit a man to gain the world if he loses his soul?"

I would say to buy some U.S. dollars to benefit from the exchange rate now, but as far as re-investing it in the U.S., that is slightly risky.  As OronD said, buying property is your best bet, but without actually being here to maintain the taxes and property you run serious risk of losing money and/or property.  Other investments in the U.S. are pretty shaky right now.  Interest rates are so low that the safe investments have almost no yield.  Certificates of deposit are the safest thing to buy as they are FDIC insured, but they currently do not keep up with the rate of inflation.  Eventually, if the U.S. raises short term rates to fight inflation they will be a very good thing, but that is years in the future.

Buying stocks could be a good thing if you know what will rise over the next few years, but personally, I have taken all my own money out of the market and am not putting money into anything new.  If I were to be a day trader I could see the opportunities to buy and sell over the course of hours or days, but long term I have no advice.

Currently my own portfolio consists of property (but not housing), precious metals and antiquities as these are fairly inflation proof.  If you are guessing that inflation will eventually abate before your return, do the money exchange now when you feel the time is right and park your money in a bank, or into what you consider a safe investment.  If the dollar experiences a rapid rise, you are ahead.  If things continue as I think they will, you will be screwing yourself, as I don't really think there will be rebound in the value of the dollar and inflation will out pace returns.

A lot depends on you and how much time you are willing to put into investing and research.  There are many good stock opportunities, and some mutual funds are still showing annual profits.  Our current government policies are keeping many people on the sidelines who would otherwise be buying.  They are waiting for the markets to reach the bottom as the government is slowing the fall with easy money policies.

Many investors are doing what I am doing, marking time and trying not to lose too much money to inflation, rather than take risks now and have gains in value from growth.  Usually a presidential election year is a boost for the economy, but not this year, so far.  There is too much uncertainty in the markets and consumer spending and confidence are down substantially.

 


Posted 5 months ago ( permalink )
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Hi guys. Thanks for your responses, really! I'll probably sit low where I am for a while, I guess things are pretty much ok (for myself relatively speaking), and I shouldn't "complain". I've always been the anxious type, but as you say, times are shaky and should try to just appreciate what I have. But I am not financially savvy or much educated with investing etc, so just trying to "keep up" and learn about opportunities and ways of thinking. Thank you again for taking the time!

Fred 


Posted 5 months ago ( permalink )
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2684 thumbs up

FREE Help the UN feed people by playing a game Go to freerice.com For every correct answer in the game, rice is donated to hungry people It's FREE, fun, and educational.

To feed animals for free, go to http://www.theanimalrescuesite.com/clickToGive.

"What does it profit a man to gain the world if he loses his soul?"

You're welcome, anytime.  The currency exchange is something you want to keep an eye on, but you do need to be sophisticated enough in financial matters to make it work for you.  Keep studying finance.  The more you know the safer you'll be, and the less anxious.


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