workingpoor Posted June 28, 2014 Share Posted June 28, 2014 (edited) Just thinking if i'd be better off relocating to a european country with my deposit fund and possibly getting a much better rate of savings interest to help live off or at least cover annual rent expenditure? Preferably somewhere warmish or are savings rates on the floor across the eurozone too? Is it too risky with potential euro weakening against the pound? Around 75k? Edited June 28, 2014 by workingpoor Quote Link to comment Share on other sites More sharing options...
Confusion of VIs Posted December 18, 2016 Share Posted December 18, 2016 On 28/06/2014 at 2:14 AM, workingpoor said: Just thinking if i'd be better off relocating to a european country with my deposit fund and possibly getting a much better rate of savings interest to help live off or at least cover annual rent expenditure? Preferably somewhere warmish or are savings rates on the floor across the eurozone too? Is it too risky with potential euro weakening against the pound? Around 75k? Quote Link to comment Share on other sites More sharing options...
honkydonkey Posted February 25, 2017 Share Posted February 25, 2017 More importantly now is the drop in the £ post brexit makes euros expensive. Wait and see what the election results cause this year and seize opportunity if it appears. Quote Link to comment Share on other sites More sharing options...
sexton Posted February 25, 2017 Share Posted February 25, 2017 Timing the exchange is much more important than interest rates. If I now converted the SEK I bought back in 2015 to GBP I be making around 10% a year. When thinking about this subject deciding what currency/commodity you are going to count gains/losses in is the hard part. Quote Link to comment Share on other sites More sharing options...
South Lorne Posted March 14, 2017 Share Posted March 14, 2017 On 6/28/2014 at 2:14 AM, workingpoor said: Just thinking if i'd be better off relocating to a european country with my deposit fund and possibly getting a much better rate of savings interest to help live off or at least cover annual rent expenditure? Preferably somewhere warmish or are savings rates on the floor across the eurozone too? Is it too risky with potential euro weakening against the pound? Around 75k? ..usually higher the return (over the norm) ..higher the risk...... Quote Link to comment Share on other sites More sharing options...
thisisthisitmaybe Posted March 18, 2017 Share Posted March 18, 2017 The currency would be the big factor. I wouldn't want my money in Euros. I just cant' see it sticking around for long. Plus most European currencies are tracking the Euro, so I'm not sure if I'd want to be in them either. Gold and bitcoins it is! Quote Link to comment Share on other sites More sharing options...
ExiledMatty Posted March 24, 2017 Share Posted March 24, 2017 I wouldn't want Euros long term. I expect the rate to be back up at around 1.40 once the trade agreements start rolling on for the UK. Worth noting that the European countries outside of the EU have strong currencies. If the UK get it's act together, then I see no reason why it won't be the same. Quote Link to comment Share on other sites More sharing options...
South Lorne Posted March 25, 2017 Share Posted March 25, 2017 (edited) On 3/24/2017 at 11:12 AM, ExiledMatty said: I wouldn't want Euros long term. I expect the rate to be back up at around 1.40 once the trade agreements start rolling on for the UK. Worth noting that the European countries outside of the EU have strong currencies. If the UK get it's act together, then I see no reason why it won't be the same. .... 'European countries outside of the EU have strong currencies'...it's because they are outside....and Germany reaps the benefit for their exports from a relatively weak EU currency ...if they had the DM they would not be as well off, economically ...they need the current set up.... Edited March 25, 2017 by South Lorne Quote Link to comment Share on other sites More sharing options...
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