|
OP: like Waddy41 , buying n holding onto usd would generate you more upside gain than potential downside risk.
If you are the risk adverse type, transfer ur money into usd and buy some sort of income trust, or bonds or even high dividend paying stocks with low "beta" (eg. GLAD , MO, LLY) would be a decent idea and is low risk . because, while ur waiting to capitalize on ur gains in the currency "may take months" , u can also get paid while waiting. *win win*
If ur more speculative, u should take a look at the greek bonds or even play some greek ADRs. I know alot of people in here would disagree, but while everyone is screaming sell sell sell right now, this is where you will rake in the big bucks.if ur willing to do some due dilligence , you will find that some of the greek companies are actually very profitable and their price per share are being dragged down because of macro factors that has nothing to do with the company itself. It sure sound speculative but It is alot less riskier "if u do ur homework and limit ur downside risk" than going to the casino n betting on red or black.
I will attach a list of stocks with the highest div yld for you.
hope this helps.
|