US dollar is killing me. How to fight back
 

Like many Canadians the US dollar is killing. Besides having a fair amount of US cash and investemnts my $ per hour playing poker is also getting slapped. Not to mention my day job is getting crushed by cheap US imports.
What is the best investment in the US to take advantage of this. I guess any manufacture that relies on exports but I have to think that there is very few examples of this. I know I am missing the boat somewhere.

Re: US dollar is killing me. How to fight back
 

short dollar.

Re: US dollar is killing me. How to fight back
 

If you go short on the dollar, in a way it'd be like hedging.

Post deleted by Mat Sklansky
 

Re: US dollar is killing me. How to fight back
 

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What is the best investment in the US to take advantage of this.

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The best investments to counter the falling dollar are outside the US. You get the growth potential of the company + the gains in the exchange rate of the currency.

Re: US dollar is killing me. How to fight back
 

Us Stocks Look for for some shares that are low and have decent balance sheet. I love Duke Energy and Pfizer. When the dollar rebounds you will see the stock gain as well as the dollar swing. I sold both of these 6 months ago as I saw our dollar hitting new highs. Never thought it would get this high. Couple big hurricanes and it will rise even further as does Oil. On the plus side I bought a new car in Vegas and saved $10,000 Some are saving up to $30,000 on luxury vehicles

Re: US dollar is killing me. How to fight back
 

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Like many Canadians the US dollar is killing. Besides having a fair amount of US cash and investemnts my $ per hour playing poker is also getting slapped. Not to mention my day job is getting crushed by cheap US imports.
What is the best investment in the US to take advantage of this. I guess any manufacture that relies on exports but I have to think that there is very few examples of this. I know I am missing the boat somewhere.

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Surely you want to be keeping your invesments out of the US if the dollar is tanking?

Re: US dollar is killing me. How to fight back
 

You guys are way overthinking this. All he has to do is go short and he's hedged against any movements.

Re: US dollar is killing me. How to fight back
 

how exactly do i go about shorting the dollar? I only wanna protect some of my future income, i'm not all that interested in taking an investment position.

Re: US dollar is killing me. How to fight back
 

I'm a Canadian, and i have a large portion of Poker money in U.S... Should I take money out cause the dollar is just going to get worse? Or do you think i should wait it out and it'll get better?

Re: US dollar is killing me. How to fight back
 

Take all of your money and BUY the dollar. Do it aggressively and as leveraged as possible. Do it now or you will miss the easyiest 20% bankroll gain in your life.

Re: US dollar is killing me. How to fight back
 

really?

longterm i dont think the dollar will stay even as high as it is right now.

Re: US dollar is killing me. How to fight back
 

If the dollar is hitting all-time lows versus the Euro, Pound and Canadian dollar you're growing concerned near the bottom. Spend your time learning about securities...

Re: US dollar is killing me. How to fight back
 

How much lower is the USD projected to drop in relation to the canadian dollar? What would be a safe range?

Re: US dollar is killing me. How to fight back
 

We're not the only ones being affected by the $ hitting lows, supermodels are too: http://news.bbc.co.uk/2/hi/business/7078612.stm

Re: US dollar is killing me. How to fight back
 

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We're not the only ones being affected by the $ hitting lows, supermodels are too: http://news.bbc.co.uk/2/hi/business/7078612.stm

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Damn, beat me to it.

The most amazing part of the original article (not quoted in his one) is that Giselle's Bundchen's manager is her sister.


Her twin sister...



Gentleman, start your boners!

Re: US dollar is killing me. How to fight back
 

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Take all of your money and BUY the dollar. Do it aggressively and as leveraged as possible. Do it now or you will miss the easyiest 20% bankroll gain in your life.

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-20% or +20%? What is your timeframe?

Re: US dollar is killing me. How to fight back
 

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We're not the only ones being affected by the $ hitting lows, supermodels are too: http://news.bbc.co.uk/2/hi/business/7078612.stm

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Damn, beat me to it.

The most amazing part of the original article (not quoted in his one) is that Giselle's Bundchen's manager is her sister.


Her twin sister...



Gentleman, start your boners!

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sick! how is the twin not a model also??

Barron

Re: US dollar is killing me. How to fight back
 

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[ QUOTE ]
We're not the only ones being affected by the $ hitting lows, supermodels are too: http://news.bbc.co.uk/2/hi/business/7078612.stm

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Damn, beat me to it.

The most amazing part of the original article (not quoted in his one) is that Giselle's Bundchen's manager is her sister.


Her twin sister...



Gentleman, start your boners!

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No, the most amazing part is how someone gets paid $33 million in one year for being a model.

Unless she's got a side gig doing Buffett and Gates.

Re: US dollar is killing me. How to fight back
 

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No, the most amazing part is how someone gets paid $33 million in one year for being a model.

Unless she's got a side gig doing Buffett and Gates.


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You might get 30 Million for pictures of that threesome! [img]/images/graemlins/smile.gif[/img]

Jimbo

Re: US dollar is killing me. How to fight back
 

Can someone please explain how to either: open (relatively safe) banks in foreign currencies or short the dollar. Everyone says to do these things, but I've never seen a post that helps figure this out.

Re: US dollar is killing me. How to fight back
 

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Can someone please explain how to either: open (relatively safe) banks in foreign currencies or short the dollar. Everyone says to do these things, but I've never seen a post that helps figure this out.

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step 1: open a brokerage account (interactive brokers.com)

step 2: figure out your dollar exposure that you want hedged (i.1. $125,000 you want to hedge against GBP)

step 3: work out how much you have to purchase to get hedged. for instance, if a 10% drop in the dollar costs you $12.5k then you should for instance purcfhase 1 contract where a 10% move would also expose you to $12.5k. basically a $125k notional value. at IB, via CME you can get a 62500 GBP (it is quoted as GBP/USD so you make money if USD falls and lose if it rises). this is about a $125k USD exposure. the margin is probably about 10% or something.

step 4: choose your time frame. if you want to get the longest, i see one BPH9 which goes to march 2009.

hope this helps,
Barron

Re: US dollar is killing me. How to fight back
 

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No, the most amazing part is how someone gets paid $33 million in one year for being a model.

Unless she's got a side gig doing Buffett and Gates.


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You might get 30 Million for pictures of that threesome! [img]/images/graemlins/smile.gif[/img]

Jimbo

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http://buzznet-00.vo.llnwd.net/media/jj1...birthday-04.jpg

Comments on some blog say this is Gisele walking with her sister. If so, I think it's safe to say they are fraternal.

Re: US dollar is killing me. How to fight back
 

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Like many Canadians the US dollar is killing. Besides having a fair amount of US cash and investemnts my $ per hour playing poker is also getting slapped. Not to mention my day job is getting crushed by cheap US imports.
What is the best investment in the US to take advantage of this. I guess any manufacture that relies on exports but I have to think that there is very few examples of this. I know I am missing the boat somewhere.

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Surely you want to be keeping your invesments out of the US if the dollar is tanking?

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I see the CDN $ at a peak. Great time to buy as our dollar will have to come back to reality I think. But who thought it would get this high [img]/images/graemlins/smile.gif[/img]

Re: US dollar is killing me. How to fight back
 

Where is the USD rally everyone is banking on? In the meantime, the canadian dollar is near 1.08 and gold is nearing all time nominal highs. Buy the break outs.

Re: US dollar is killing me. How to fight back
 

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Where is the USD rally everyone is banking on? In the meantime, the canadian dollar is near 1.08 and gold is nearing all time nominal highs. Buy the break outs.

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Who wants/needs a large rally in the dollar? As long as inflation stays in check (which it has so far) that would be killing the golden goose, unless I suppose you were a bear.

Jimbo

Re: US dollar is killing me. How to fight back
 

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Where is the USD rally everyone is banking on?

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The moment when everyone settles into the prospect of a bear market, the bull market will re-emerge.

Re: US dollar is killing me. How to fight back
 

CDN crosses another thrshhold $1.10