Buying Dollars

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Discussion

CRB14

Original Poster:

1,493 posts

153 months

Thursday 30th April 2015
quotequote all
I'm planning on buying something from the U.S. later in the year so was considering trying to buy some dollars now as the rate seems ok.

Is it worth buying a few thousand now and if so what would be the best way to do it? I'd need access to the money electronically so I could wire it across which is the only down side.

Edited by CRB14 on Thursday 30th April 10:11

CRB14

Original Poster:

1,493 posts

153 months

Thursday 30th April 2015
quotequote all
I spoke with Caxton Fx and opened up an account. I can buy dollars now and keep it in my account until I'm ready.

CRB14

Original Poster:

1,493 posts

153 months

Friday 1st May 2015
quotequote all
It'll ultimately be around $9 or $10k but as I don't have that lump now I figured I'd start buying through the year in order to take the risk out of potential fluctuations.