I will be getting an inheritance check in a week or so. Nice check, but I don’t like the way I’m getting it. In any event, I will be taking all of it and buying Euros as a hedge. I plan next year to start moving my savings and everything left over after I pay bills into Euros. I’m also going to drastically cut back spending everywhere. There is no sense in holding onto a currency that is falling and with no bottom in sight. I worked too damn hard for my money to see it dwindle away in value and I’m getting old. If it’s a global economy, I’m going global to survive.
What vehicle could we use to invest in the European currency? How does Soros do it?