Thursday, October 30, 2008
Sign of the Times
Today the exchange rate fell again! The dollar is currently weaker than the the yen at .90 to one yen. To give you an idea of how quickly it has fallen, when we arrived here in May the exchange rate was about $1.13 to one yen. We are seeing the falling U.S. economy over here too! However, I am not yanking my investments. No sireee... D, who used to work for an investment company, said it best when she said the market is not down....it is just on sale!!! Discounted mutual funds and stocks...sweet. Buy, Buy, Buy!! I love a good sale.
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I shared your and D's point of view with Adams dad, who is Mr. Stockmarket) and he thought it was great!!! It is the best time to be buying stock if you can!
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