| Subject | Date Asked |
|
| Foreign Investing | 10/19/2009 |
Q: I am trying to arrange my portfolio to ensure that it hedges against a falling dollar / high ...
A: I know many people believe this, and I suppose it is correct. As the dollar collapses large US ...
|
| Islamic instruments and services | 1/26/2009 |
Q: I've noticed banks are offering Islamic instruments and services, is there any benefit to using ...
A: They are primarily structured to meet Koranic laws regarding money lending and investing. The only ...
|
| investing in foreign currency | 11/21/2008 |
Q: With all that is happening I see a pattern of a weakening US dollar and where it stops nobody knows. ...
A: Well there are a number of ways. Many people just buy gold and silver as the ultimate "foreign" ...
|
| Oil speculation | 10/27/2008 |
Q: I have been hearing lately that the exit of speculators is driving down the price of oil. As ...
A: I really question this issue of speculators causing everything. Speculators can drive the price up ...
|
| swiss safe-deposit boxes | 9/21/2008 |
Q: Is the most secure way for US Citizen to invest there assets, is to have it transferred in to one ...
A: This is the second person in so many days to ask me this same question, and I must tell you that I ...
|
| question | 8/13/2008 |
Q: Why do all financial research focus on analysing top 500 listed companies only?
A: This is not exactly true. There is a lot of research on smaller cap companies. But the big money has ...
|
| Trading in LLC | 7/7/2008 |
Q: I am currently studying currency trading and I am about to open my first practice account. When it ...
A: The advantages would depend upon how much you are putting at risk. The primary benefit is in asset ...
|
| Foreign exchange | 6/17/2008 |
Q: I live in United Kingdom and transfer money to Australia regularly. I follow foreign exchange ...
A: In simple terms, people believe that investing in Australia is better than investing in the UK or ...
|
| Strong & Weak Dollar | 6/11/2008 |
Q: Perhaps you can answer my question regarding the strength of a foreign currency. Is a weak dollar ...
A: I am not sure what you are asking? I think you are making it a little too confusing, or perhaps are ...
|
| Investing in Depressions | 4/24/2008 |
Q: In times of depression it is said that you should invest in precious metals. It would be good to ...
A: It is really impossible to answer these questions without writing a book, and even then there is no ...
|
| PayPal | 4/21/2008 |
Q: Sir, I am a student from India and I work part time as a freelance writer. I work for an ...
A: Getting Paypal would be very helpful to you. But you will find it less helpful unless you use a US ...
|
| Investing in foreign currency | 4/17/2008 |
Q: Sir; I am trying to figure out how to keep money in a foreign currency savings account such as Euro ...
A: I am not going to try to discuss the complex issue of whether the US Dollar will go up or down ...
|
| lost billions | 1/26/2008 |
Q: what actually happened to the 3.whatever billion pounds this french joker has lost?? he hasnt been ...
A: It did not disappear. He just made very risky investments without proper authorization. Then when ...
|
| Off Shore Savings | 1/23/2008 |
Q: I have read your advice on off shore investing but I was wondering if you could advise me on the ...
A: Well you are confusing issues here. "Offshore" is a very relative issue, and depends upon where you ...
|
| U.S green card Canadian PR card conflics | 12/21/2007 |
Q: I live in Toronto and have a Perminant Resident card of Canada. I also got my U.S. green card last ...
A: I have never heard that you could not maintain a visa in another country while you maintain a PR ...
|
| losing broker | 11/6/2007 |
Q: Hay, Years ago I switched my investments from one major brokerage house to another huge one without ...
A: You do not need any license to buy and sell for your own account. The only people who need a license ...
|
| sanctions and such | 9/21/2007 |
Q: I know this might not quite fit your category but your field was the closest I could find. I'm ...
A: Unfortunately, if this is what you want to do, I would advise you to leave North America. There are ...
|
| So how do we get close to physically investing in commodities? | 9/11/2007 |
Q: Mr. Hay, you have opened Pandora's box about commodity investing. How do you suggest a person gets ...
A: Oh lord that is a tough one!!! But I am thinking of Black Walnut. They are very valuable, but the ...
|
| assistance in investment | 8/14/2007 |
Q: I HAVE A SMALL PRINTING PRODUCTION OFFICE. I WOULD ASK IF YOU CAN ASSIST ME OF SOMEONE WHO IS ...
A: I would love to help you, but it sounds like you are looking for someone to loan you money. As you ...
|
| So how do we get close to physically investing in commodities? | 8/14/2007 |
Q: Mr. Hay, you have opened Pandora's box about commodity investing. How do you suggest a person gets ...
A: I am not sure what box I opened? My memory is not that good. But if you want to invest in ...
|
| Great depression | 4/10/2007 |
Q: how are you going? My name is Christina and I live in Australia. Lately I have been interested in ...
A: There is no way of answering this. In the 30s the bars were also required to be turned in on the ...
|
| Great depression | 4/7/2007 |
Q: how are you going? My name is Christina and I live in Australia. Lately I have been interested in ...
A: It is true that US gold coin was required to be returned to the government (since it was US money ...
|
| Great depression | 4/5/2007 |
Q: how are you going? My name is Christina and I live in Australia. Lately I have been interested in ...
A: I have no idea if such an event would ever happen again, but it might. It certainly has happened in ...
|
| what do i need to open peso account in mexico | 2/3/2007 |
Q: my name is Geoffrey Green. I really need to open a bank account in Mexico. i'm planning on traveling ...
A: Last time I checked it was easy. You just need all your documentation and an address in Mexico. The ...
|
| Iraqi dinar vs. the Iraqi economy | 1/15/2007 |
Q: I have read some articles that say that if the Iraqi dinar increases in value as quickly and ...
A: When a currency goes up, that means it is more expensive for other to buy. So if the Iraqi Dinar ...
|
| Foreign Savings Accounts | 1/8/2007 |
Q: Any examples of why it is unwise?Hi, Is it possible to open a savings account in a foreign country ...
A: If you just open an account in your name, you will be required to declare that account if it is over ...
|
| Emails from foreigners wanting to transfer/invest funds | 12/21/2006 |
Q: How exactly do they scam you? By giving them a simple phone number or address can they access a ...
A: There are many ways. Either there is a last minute need for a modest amount of funds to release a ...
|
| 23 year old college student | 7/30/2006 |
Q: I am 23 years old and still attending college. I have saved $10,000 so far. I don't have any debt ...
A: It sounds to me you are suffering from the typical college grad (or college grad to be). I total ...
|
| Forex Hedging | 3/16/2006 |
Q: We are a project based in Australia. One of our suppliers have a quoted a price for an item (that we ...
A: I wish I could answer this question with anything than the following comment: Good question!!!! ...
|
| Commodities/Natural Resources | 2/15/2006 |
Q: Can you please help me understand something? I keep hearing about commodities (gold, oil, copper, ...
A: The problem is that there are many different ways of investing in commodities, but the closer you ...
|
| index's points(?) | 1/13/2006 |
Q: I just wanted to ask what exactly is points referring to when people talked about points movement of ...
A: An index, whichever one you refer to, is a list of various companies, sometimes modified by various ...
|
| Global Real estate investments | 9/16/2005 |
Q: Currently investments in real estate index mutual funds (e.g. Vanguard REIT Index) are recommended ...
A: Not that I know of. Generally you just either have to invest in real property on your own, or ...
|
| on Foreign bank accounts. | 7/19/2005 |
Q: I am in the process of setting up a business in Mexico. I am wanting a bank account there, ...
A: You will be able to open such an account very easily once you get there, but not in dollars. All ...
|
| Foreign Diversification | 3/16/2005 |
Q: Mr. Hay, I am interested in diversifying my portfolio to include foreign stocks. Do ADRs precisely ...
A: Yes it is possible, and that is exactly how I do it. An ADR usually reflect 1 share (or some fixed ...
|
| Investments | 2/18/2005 |
Q: What investments (golbal or local) would do well in a deflationary economy?
A: Well what does deflation mean? Technically it means the price of goods and services go down, and ...
|
| Kuwaiti dinar | 11/29/2004 |
Q: Hay: I got a tip from a friend that the Kuwaiti dinar (I think that's how that currency is spelled) ...
A: No one can honestly tell you one currency will go up against anything. I have been a big proponent ...
|
| investing / finance | 11/4/2004 |
Q: In which ways might one benefit from the relection of pres. bush? It appears that there is a huge ...
A: Well, I really don't know how you can benefit from a single event, but I think it is fair to assume ...
|
| Beginning Investment Opportunities | 9/13/2004 |
Q: Hay, my name is Brandon Smith and I'm a Magazine Journalism major at Ball State University. I am ...
A: Normally I would just click on "don't do homework" questions. I suggest you get some basic books on ...
|
| Dear Sir:
How do I go about... | 8/28/2004 |
Q: How do I go about buying gold from other countries?Can i trust anyone for actual delivery of the ...
A: There are a number of Dutch, German and Swiss gold dealers that are quite reputable. If you want ...
|
| U.S. interest rates and the Swiss franc | 8/12/2004 |
Q: I am trying to understand the relationship between U.S. interest rates and the Swiss franc. What ...
A: There is no general rule, and it is complicated. That is why some people can make money at it. ...
|
| Foreign money | 7/1/2004 |
Q: Would investing in the Iraq Dinar be wise ? It is extremely low right now.
A: I have no idea. But when looking into this, think about several factors: 1. What could your money ...
|
| 4X | 4/5/2004 |
Q: Dr. Hay, My husband and I have 6,000 dollars we would like to invest in the Forex. There was an ...
A: Well whether the deal is good or bad, it sounds like you won't have much money left when you are ...
|
| UK Bond market | 2/24/2004 |
Q: I want to know information about UK bond market. Which are good bonds to invest? Where is UK bond ...
A: In all honesty this should have been answered by pushing the "I can't answer this" button. But I ...
|
| Foreign Investing | 2/9/2004 |
Q: I hear about people investing overseas in real estate, gold, etc. How do I even find out about ...
A: Actually the US dollar is very weak right now. But the first thing you probably need to do is get ...
|
| Riks for investors in emerging markets | 10/22/2003 |
Q: ¿What's the risks for investors in emerging markets? In these days, do you advise to invest in ...
A: The risks are simple: LOSING YOUR MONEY!!!! Now each country and market is different. Are you ...
|
| foreign-exchange market | 10/9/2003 |
Q: How can a central bank use its currency reserves to support the value of its country's currency in ...
A: easy. it just starts buying its own currency back, driving up demand. that is easily said. ...
|
| Currency Trading | 7/31/2002 |
Q: I am interested in global currency trading.Someone had explained to me I could learn the concepts of ...
A: I have never heard of that scheme and it strikes me as very expensive and tediou to do your ...
|
