Tagged Questions
1
vote
2answers
193 views
Is it smart to move private (euro) savings to a different currency?
Lately, I'm hearing a lot of talk about the euro's impending demise (I don't know how true that is by the way). And it's making me a little bit worried about my savings.
I don't have a lot of ...
5
votes
1answer
311 views
How can I cash out my prepaid cell phone?
As a very frugal person, I have a prepaid phone plan that costs $100 a year. For the past two years, I've spent roughly $50 of that each year. As long as I renew the plan with another $100 every year, ...
8
votes
1answer
223 views
Why does Currency Carry Trade work?
I understand the Carry Trade mechanism, but I wonder why it works, or why it doesn't work.
Interest Rates
Each currency has an interest rate associated with it. The Yen (JPY) has historically had a ...
