Volatility of Currency | Ramblings of an e-trader

Wednesday, 16 June 2010

Volatility of Currency

I was telling a friend that the currency fluctuates so much lately that it's difficult to make definite investment plans. We don't even know exactly how much we have, if you know what I mean.

My friend surprised me by saying that he has converted some of his cash to rare coins and have even bought a couple of buy gold eagle coins which are very popular with coin collectors.

Although he is not familiar with the coin market, he still thinks that it's a good idea to diversify his investment. According to him, these few coins that he purchased recently are only the beginning to a larger coin collection.

I think he is making a smart move and plan to follow suit. Hopefully, I could save enough cash first.

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