As a necessary adjunct to trading activity I conduct alongside my investment, I need to monitor the Rupee vs the GB Krona. ;0) This is the picture over the last 5 years, with the GBP hitting a new low of 66.84 today:
Whilst the "developed world" is mired in debt, so-called "developing economies" and their currencies are gathering strength. I do not see this trend changing for the foreseeable and it has guided my investment decisions for a while now.
Mark
I am a full-time private investor... with a little trading on the side (generally small-scale arbitrage in specialist niches). Previously, I spent 24 years in the IT industry, 13 of those running my own IT services firm. I invested as a "hobby" for 20 years before turning it into a full-time occupation in 2004. I really enjoy the "research" side of investing, finding out about varied businesses and industries and learning what makes them tick. Since going "full-time" I have learnt an awful lot from some very erudite investors & professionals who are kind enough to share their expertise in electronc forums such as this. I can now count a number of them as my friends, having had the opportunity to meet them in the real world, as well as this virtual one! I try to pay back the debt I owe by sharing what I've learnt and I always value constructive criticism to correct my errors and misapprehensions! I am a Director of ShareSoc, the UK organisation for individual shareholders. See below for details. more »
