The best way to invest your money is by exchanging your savings into US dollars, hold tight till the exchange rate drops and cash in (and it will happen) we're due a major crash soon with the cost of spending and house prices in the UK.
ok i know i may get blasted for this but... i know the charges maybe high, but when you signed up to the bank account wernt these charges pointed out to you, all be it in the small print?
if theres a error, like money is paid out on wrong day i understand you can claim this back, but i am surprised the bank have started to refund charges that you signed to agree to pay?
wouldnt that be like me saying i dont agree with the high finance charged on my car loan now and ask for it back?
if this is not whats happening then what is?
i only have a basic account with no overdraft facility. so dont incure bank charges.
xx fem xxx
It may dip a bit, but a fall to below / is unlikely.
The problem the dollar has is the patriot act means that the us is investigating international transactions in dollars. The mid east investors are dumping dollars as a result of being investigated and are buying euros and pounds.
The private equity take-over market is slowing, prompted by the banks inability to sell-on the dept from the lendings to the investors...
Plus the us has problems with large amounts of sub-prime mortgages....
The long-term stability of the pound is an attraction as well....while the euro suffers from suggestions of political tampering in the exchange rate.
Take your pick. Meanwhile, get your letters of complaint off to the banks about the extortionate charges....nothing will happen until the court case is resolved, but you'll be in the front of the queue.
