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Posts Tagged Downturn

Please DON'T gamble on currency risk with borrowed money.

Please DON’T gamble on currency risk with borrowed money.


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Many factors affect the exchange rates and interest rates of currencies, such as political events, financial forecasts, economic stability, and inflation management. But the underlying theory remains the same. Countries that need to attract deposits generally do so with higher interest rates than

Finance | Lifely

 
What is the

What is the “REAL PROBLEM” of borrowing in a currency (lower interest rate) to buy a home ?


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My current rant is against financial advisers who suggest borrowing in a currency with a low interest rate to purchase a home in a different country. That can work, but most people don't understand the real risk. For instance, some would find the appeal it purchasing a house in New Z

Finance | Lifely