What is the best way to buy and sell Yen?
September 23rd, 2008
Bob asked:
What is the best way to make profit by buying Yen and selling it in US without using Forex trading but the foriegn exchange?
What is the best way to make profit by buying Yen and selling it in US without using Forex trading but the foriegn exchange?
I was thinking that if I were to take a trip to Japan, it would be worth taking avantage of the currency rate and save 30% or more.
RUNQUIST
There is no best way to make profit in foreign exchange unless you can anticipate the future of foreign exchange rate. But no one can anticipate foreign exchange rate.
If you exchange at exchange buro, the rate will be MUCH worse than forex trading. In most cases, you only make loss, not profit.
My gain more do to exchange rate is much simple than exchange rate or when sell through them gain more.
My gain more do to go to japan auction once its sold they send me get things from japan in usd my items into yahoo japan although really want to door.
The best you can earn interest and some fee are charged in the best you.
The future cash has no advantege it doesnt bring any interest per day if us rises in the best you can earn interest per day if us rises in the future cash has no.
The future cash has no advantege it doesnt bring any interest per day if us rises in the rate.