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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Grashopper who wrote (8218)10/9/1998 8:12:00 PM
From: Josef Svejk  Read Replies (1) of 10786
 
Humbly report, Larry, since you brought up the subject of currency exchange, thought I'd share my funny story.

A while back when I cashed out of the market I searched for a place to park my cash with some nice interest. Found this foreign bank in a foreign country that offered 12.1% for accounts in a foreign currency. Thought that's pretty good so I plopped my dough in there.

Knowing next to nothing about currency fluctuations, I didn't give more than a passing thought to that part of the equation. Naive and really stupid, I know.

Well, guess what? The dollar tanked, and the 12.1% is turning into God knows how much more.

In Vegas I think they call that beginner's luck, right?

Well, sorry, it seems a funny story to me.

Cheers,

Svejk
proofsheet.com

P.S. Yes, I now do have my finger on the exchange back to $ trigger!
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