How do you see investing in US Dollar vs property these days? Is US dollar likely to rise again beyond 115 rupees. Property seems to be in declining mode from the last couple of years and this trend is likely to continue for another couple of years at least. So is it wise to invest in foreign currency right now?
saad replied on Wednesday, May 9, 2018 08:47 AM
I am buying dollars, as I expect it to go up. I agree that property is likely to stay stagnant or go down for at least 3 to 4 years. |
Laiq Ur Rehman® replied on Wednesday, May 9, 2018 04:16 PM
Investigating in foreign currency and keeping it, damages economy since the dollar goes out of circulation. Rest you are a grown up and can decide what should be sensible choice.
And who says property in declining complete. Areas with possession have gained a lot. Just visit South of Lahore and ask the old process of some of the societies. Non possession areas last some value. |
Laiq Ur Rehman® replied on Wednesday, May 9, 2018 04:17 PM
Completely *
Prices * |
Qureshi replied on Wednesday, May 9, 2018 06:54 PM
Agreed with Laiq Ur Rehman Sb. Invest wisely.
Converting existing assets into dollar is not an ideal model by anyway. But we respect everybody's opinion and personal preferences. |
Khan88 replied on Thursday, May 10, 2018 09:37 AM
Pakistan rupee is expected to devalue further.
China has given a further loan of $1Billion but with net outflow exceeding $3 Billion in next few months, Expect rupee to devalue by further 5-10%.
Ways to hedge (note you wont make any money out of it just maintain value).
1 - Buy Dollars
2 - Buy Gold
3 - Invest in stock market (especially energy stocks as oil prices have started increasing) |
Asif replied on Thursday, May 10, 2018 12:11 PM
Where to keep the gold :-) |
Khan88 replied on Friday, May 11, 2018 07:18 AM
Where to keep the gold is a personal choice:
1) Keep at your home or other secured location
2) Get a locker in a Bank and keep it there |
Advise Seeker replied on Friday, May 11, 2018 02:50 PM
PLZ dont take it personally but to hold foreign currency especially dollars is kind of hoarding and can be termed as being part of murder conspiracy of your country's economy. |
Khan88 replied on Saturday, May 12, 2018 03:56 PM
@ Advise Seeker: You are correct but so is investing in property (i.e. not buying to build for your-self) |
