You can win in those weeks when looking at the political and economic events throughout the impression that the last hour of the euro will hit soon. Debt crisis, life crisis, protests on the streets - there are enough warning signs.
For the investor who is looking for a strong currency as possible, this raises the question whether the euro is good at all as an investment vehicle. Although one can point out that our money has in the past five years, won against the U.S. dollar at least ten percent of its value, and since its introduction in 2002, even more significantly. But given the problems of the Americans appear more likely compared to the famous "Not against poverty" to be.
Who is on the search for an alternative to the euro makes, however, should consider: A foreign currency always offers not only opportunities but also risks. As long as all have most of expenses to euro, this is where the focus of investment.
As a long-term admixture is recommended currencies whose countries meet the following criteria:
For the investor who is looking for a strong currency as possible, this raises the question whether the euro is good at all as an investment vehicle. Although one can point out that our money has in the past five years, won against the U.S. dollar at least ten percent of its value, and since its introduction in 2002, even more significantly. But given the problems of the Americans appear more likely compared to the famous "Not against poverty" to be.
Who is on the search for an alternative to the euro makes, however, should consider: A foreign currency always offers not only opportunities but also risks. As long as all have most of expenses to euro, this is where the focus of investment.
As a long-term admixture is recommended currencies whose countries meet the following criteria:
- Sound public finances, i.e. low public debt and balanced budget as possible
- Allows healthy demographics, the long-term economic growth
- Has stability-oriented and independent monetary policy, inflation targeting as its primary objective
Away from the big, but all of them ailing world currencies U.S. dollar, euro and yen currency appear promising me the following:
First Norwegian krone: the oil fields, whose revenues from the Norwegian government are accumulated and managed very cleverly, Norway is one of the few countries, the bottom line is not in debt, but have a net asset. In addition, the Scandinavians have one of the highest birth rates in Europe.
Second Australian Dollar: Also called "Down Under" has one of numerous raw materials, the public debt is low and the population grows. Moreover, interest rates are significantly higher than in the euro-zone, so that besides the lure chance to currency gains and higher yields. However, inflation at just under 4 percent is quite high.
Third Swiss Franc: The country has strong economic data, however, the Swiss central bank currency tied to the euro and prevent further appreciation. Moreover, the increasing opening of bank secrecy lead to the fact that many foreigners withdraw their savings. Currently no choice.
4th Singapore Dollar: The city-state could become the new Switzerland. With a bullet-proof banking secrecy and a very solid public finance, Singapore is currently the target of choice for many large investors. This will strengthen the Singapore dollar. However, here the inflation rate is quite high.
The bottom line is there are a number of currencies, which also represent the private investors might be an interesting alternative to the euro. Not only as a short-term speculation, but above all to spread the crisis-proof investment. The example of Switzerland shows that we must monitor the situation very closely. Even a healthy currency can lose much of their charm overnight.
