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- Manlobbi
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
No. of Recommendations: 2
I am feeling a bit bearish in the next few years....and am thinking to diversify more abroad, but with the same ease in Fidelity....I am looking at currency. Euro and swiss franc.
I did the Euro for a year, opportunistically buying on lows when I was planning to buy my retirement place in France a couple of years ago. I managed to shave 8 % off (averaged) , the spread was over 11 % but my timing is never exact :-)
anyone else looking ? as another option to T-bills, ? If so I would appreciate your thoughts. or should I just follow Warren into Japan.. ?
No. of Recommendations: 4
anyone else looking ? as another option to T-bills, ? If so I would appreciate your thoughts. or should I just follow Warren into Japan.. ?
Not sure if I am understanding you correctly here, but it should be noted that Buffett is *short* Japanese Yen denominated bonds, not long.
No. of Recommendations: 0
not bondds.. actual currency.
No. of Recommendations: 4
not bondds.. actual currency.
Warren is short the actual currency. Which is why Berkshire reports billion dollar gains when the US dollar strengthens against the Yen.
I have no advice on whether it is wise for you to invest in low yielding Japanese bank deposits - just trying to point out that this is the opposite of "following Buffett" since it sounded like you thought he was investing in JPY.
No. of Recommendations: 0
ah.. I see the confusion.. I forgot the laughing emoji with the comment on following buffet. I dont short, margin or any of the more "sophisticated" stuff. I'm purely buy and sell.and until I played the euro where I actually lowered significantly the cost of my property purchase there, I started buying euro to ensure I actually had the correct amount when it came to closing as, over there it can easily take 6-9 months,, mine took a year....
