How to hold cash as Euros?
 

I have money right now in a Vanguard money market fund and was wanting to hold that cash as Euros or some other form of currency while earning a guaranteed return of some percentage.

Anyone have any ideas how to do this easily?

Thanks,
CM

Re: How to hold cash as Euros?
 

http://www.everbank.com/001WorldCurr...x?LinkID=Body1

Re: How to hold cash as Euros?
 

Simulate it with futures?

Re: How to hold cash as Euros?
 

No need to lock in.... http://www.currencyshares.com/?gclid...FSAwYAodw3j1wQ

Re: How to hold cash as Euros?
 

Instead of just holding cash in Euros, it is better to invest in European stocks that trade in Euros. That way, you don't just keep up with how the Euro is beating the dollar, but you also keep up with any inflation in euro-land.

Note: I'm not saying that the Euro will continue to dominate the dollar -- do your own research and make your own bet. All I'm saying it is better to invest in good companies in the country/regio you are in than to just hold the currency as cash. Do the research and pick some good companies and/or a good index fund.

Re: How to hold cash as Euros?
 

Anyone using this Everbank? Had any problems? How's customer service?

Re: How to hold cash as Euros?
 

[ QUOTE ]
Instead of just holding cash in Euros, it is better to invest in European stocks that trade in Euros.

[/ QUOTE ]

Are there funds that specialize in euro-denominated euro stocks? I have a bunch of "international stock" funds in my various investment accounts, but I suspect that the share price is translated back into dollars, so I'm not sure if I lose some of the potential benefit.

For example, I hold Vanguard Intl Value (VTRIX) which is up 27% this year. Is that good enough or is this all being converted back into dollars, preventing me from realizing additional upside?