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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Peter Church who wrote (2343)1/3/2000 5:23:00 PM
From: Chip McVickar  Read Replies (1) of 3536
 
Peter,

Currency Converter
oanda.com

Charts
Swiss Frank - March
futures.tradingcharts.com

US Dollar Index
futures.tradingcharts.com

I'm not a professional money manager....nor do I have any experience with investing in Europe, but I do have an opinion...FWIW.

Assuming this individual does "Not Need the Money...?"
With this dual citizenship it would be to her advantage to maintain an active account in Swiss Currency and held in Switzerland...(especially if she likes to travel). It will give her access to a realm of Investment opportunities not available to US citizens. Swiss banks offer active investment opportunities and can implement almost any type of account and strategy through the mails and Internet....many have affiliates here in the USA. I'm sure they would welcome $150,000 account. Some research would be necessary as to the bank and the investment vehicle, but having a well documented account in Europe especially Swiss could do very well in the years ahead if properly managed. Perhaps at the bank where it is being handled at this time.

Not to mention how much fun it would be walk into her own bank in Switzerland! Let the accountants worry about the tax problems.

Chip
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