How's that retirement penson going?

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Gary D
Posted
Posted
24 minutes ago, Huggybearman said:

The local forex booth this morning is giving 56.94 the Pound. :sad:

Transferwise is giving 58.99 whereas my bank is 58.10

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hk blues
Posted
Posted
23 minutes ago, Huggybearman said:

The local forex booth this morning is giving 56.94 the Pound. :sad:

The Forex booth in SM City is always about 1.5 to 2 php below the rate from my bank here.  

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jimeve
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The Philippines stock exchange suspended two days ago, saving the investors Billions of pesos. I think when it goes back on the market the peso will drop, Hopefully.

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hk blues
Posted
Posted
40 minutes ago, jimeve said:

The Philippines stock exchange suspended two days ago, saving the investors Billions of pesos. I think when it goes back on the market the peso will drop, Hopefully.

I'm not so sure investors will have saved much, Jim - the hit has simply been delayed a couple of days I'd imagine.  

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GeoffH
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The Aussie dollar is down to 29.5 peso and about 58 USA cents.  That is crazy low and the Aussie Reserve has just started quantitative easing which hasn’t been done in my life time

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fillipino_wannabe
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4 hours ago, jimeve said:

The Philippines stock exchange suspended two days ago, saving the investors Billions of pesos. I think when it goes back on the market the peso will drop, Hopefully.

It opened today, down 13%

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jimeve
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1 minute ago, fillipino_wannabe said:

It opened today, down 13%

GBP down to 59.3. Not looking good.

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Gary D
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13 minutes ago, jimeve said:

GBP down to 59.3. Not looking good.

That's up from earlier.

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jimeve
Posted
Posted
56 minutes ago, Gary D said:

That's up from earlier.

1 hour ago. 

 

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Heeb
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I got out of the market when I retired last June, I don't care to ever get in again, too stressful, my 85 year old father has lost about 200k, they live off of investments aside from social security, he's too old for the stress I fear. My mother has been watching our cats and our home since we moved here but now he wants her home because she's spending too much money, I will have to start making plans to get back and prepare our home for rent, and at a difficult time with travel restrictions.

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