JAPAN-Nikkei-Time to go back up? Message Board

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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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To: borb who wrote (1060)	5/30/1998 12:39:00 AM
From: Step1	Read Replies (1) of 3902

Sorry to butt in... exchange rate will kill you, if it goes negative that is... That is definitely one of the worst part about investing in foreign equities, hey it could be worse, I work here and get paid in yen, in effect having taken a 50% pay cut in the last 3 years and it doesn't look too good for the next year either... Hashimoto 's temporary tax cut will put about 14,000 yen more in my pockets this year...:-( At today's rate, that is about 100 usd. Should I go out and spend it tonight and do my bit for the economy or should I wait for my next NTT bill (domestic calls only) to take half of it? later sg

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