Thursday, October 04, 2007
Selling out
Sold most of my holding in a large technology company called HP today, and - gasp - despite the US $ currently being worth less on the international money markets than a Guatemalan Quetzal, I made a modest profit.
It did cross my mind to open a US Dollar account - or to blow the proceeds on a '69 Corvette in mint condition, for example, but in the end I opted for conversion into a currency that seems to be doing OK: Chinese Yuan.
Only joking - if only, but not so easy from here. I actually went for Great British Pounds, or Brownies, as they're known these days in some circles. Ironically, you need 1 GBP in London to buy anything that would cost 1 USD in 'most any major US city, but I needed 2 USD and change for every 1 GBP.
And so it goes.
It did cross my mind to open a US Dollar account - or to blow the proceeds on a '69 Corvette in mint condition, for example, but in the end I opted for conversion into a currency that seems to be doing OK: Chinese Yuan.
Only joking - if only, but not so easy from here. I actually went for Great British Pounds, or Brownies, as they're known these days in some circles. Ironically, you need 1 GBP in London to buy anything that would cost 1 USD in 'most any major US city, but I needed 2 USD and change for every 1 GBP.
And so it goes.
Labels: bling
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