Welcome to Bimmerfest -- The #1 Online Community for BMW related information! Please enjoy the discussion forums below and share your experiences with the 200,000 current, new and past BMW owners. The forums are broken out by car model and into other special interest sections such as BMW European Delivery and a special forum to voice your questions to the many BMW dealers on the site to assist our members!

Please follow the links below to help get you started!

Go Back   Bimmerfest - BMW Forums > Everything Else > Off-Topic

Off-Topic
Everything not about BMWs. Posts must be "primetime safe" and in good taste. No personal attacks allowed. Political posting is restricted to the Political Science forum!

Reply
 
Thread Tools Display Modes
  #1  
Old 06-14-2007, 11:24 AM
stylinexpat's Avatar
stylinexpat stylinexpat is online now
Officially Welcomed to the 'Fest
Location: Between California and Asia
 
Join Date: May 2004
Posts: 18,378
Mein Auto: 2009 M3
Japanese Yen on its way downhill again

I see 128 coming up soon. Anything from 128 on is a good buy. Will make visiting Japan cheap or you can buy the Yen at 128 and wait till it recovers for a profit. At 128 I will be buying some YEN as of now it is 122.99 and dropping..

http://finance.yahoo.com/currency/co...submit=Convert
Reply With Quote
Advertisement
  #2  
Old 12-20-2013, 11:14 AM
stylinexpat's Avatar
stylinexpat stylinexpat is online now
Officially Welcomed to the 'Fest
Location: Between California and Asia
 
Join Date: May 2004
Posts: 18,378
Mein Auto: 2009 M3
We are now at 104 and dropping. I see 110 at minimum for 2014. The buy the dips policy should still work well for next year.
__________________
2014 Cayman S
2009 M3 Sold
130i Sold
330ZHP Sold
330 Coupe Sold
Reply With Quote
  #3  
Old 12-20-2013, 02:48 PM
Paul335i's Avatar
Paul335i Paul335i is offline
I'm smarter than you're.
Location: MA
 
Join Date: Aug 2012
Posts: 1,252
Mein Auto: 2015 VW GTI Autobahn
Currency speculation is extremely risky. (Unless you're George Soros )

Last edited by Paul335i; 12-20-2013 at 02:59 PM.
Reply With Quote
  #4  
Old 12-20-2013, 02:56 PM
1Dreamer's Avatar
1Dreamer 1Dreamer is offline
Super Moderator
Location: A block off Sunset Blvd.
 
Join Date: Oct 2004
Posts: 7,556
Mein Auto: Fiver
Quote:
Originally Posted by Paul335i View Post
Currency speculation is extremely risky. (Unless tou're George Soros )
Or stylinexpat. He's pretty up on these things.
Reply With Quote
  #5  
Old 12-20-2013, 07:30 PM
Dave 330i's Avatar
Dave 330i Dave 330i is offline
The King of Common Sense
 
Join Date: Jan 2002
Posts: 499
Send a message via Skype™ to Dave 330i
Mein Auto:
The buy the dips policy should still work well for next year.
Someone has a crystal ball?
__________________
Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid. Albert Einstein

Swim upstream. Go the other way. Ignore the conventional wisdom. If everybody is doing it one way, there’s a good chance you can find your niche by going exactly in the opposite direction", Sam Walton.
Reply With Quote
  #6  
Old 12-20-2013, 11:56 PM
stylinexpat's Avatar
stylinexpat stylinexpat is online now
Officially Welcomed to the 'Fest
Location: Between California and Asia
 
Join Date: May 2004
Posts: 18,378
Mein Auto: 2009 M3
Quote:
Originally Posted by Paul335i View Post
Currency speculation is extremely risky. (Unless you're George Soros )
As long as the Fed keeps printing one does not need to be Einstein to catch on the ride. Definitely risk but can b quite rewarding if played right long run.

Quote:
Originally Posted by 1Dreamer View Post
Or stylinexpat. He's pretty up on these things.
I am not perfect and have made quite a few mistakes in the past but I have learned from my mistakes. Best to stick with the FED and never fight the FED As long as they are printing things should be good

Once they stop though things will get very ugly
__________________
2014 Cayman S
2009 M3 Sold
130i Sold
330ZHP Sold
330 Coupe Sold
Reply With Quote
  #7  
Old 12-21-2013, 06:16 AM
Dave 330i's Avatar
Dave 330i Dave 330i is offline
The King of Common Sense
 
Join Date: Jan 2002
Posts: 499
Send a message via Skype™ to Dave 330i
Mein Auto:
If stylinexpat is right more times than wrong he would be hanging around the Bahamas instead of between CA and Asia. Definitely, he wouldn't be hanging around fest to offer his opinion.
__________________
Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid. Albert Einstein

Swim upstream. Go the other way. Ignore the conventional wisdom. If everybody is doing it one way, there’s a good chance you can find your niche by going exactly in the opposite direction", Sam Walton.
Reply With Quote
  #8  
Old 12-21-2013, 07:38 AM
MatWiz's Avatar
MatWiz MatWiz is offline
Psychology Reversalist
Location: NYC
 
Join Date: Jul 2004
Posts: 16,383
Mein Auto: 528
Quote:
Originally Posted by Dave 330i View Post
If stylinexpat is right more times than wrong he would be hanging around the Bahamas instead of between CA and Asia. Definitely, he wouldn't be hanging around fest to offer his opinion.
Nah, Stylin' is a good guy. He will hang around to offer his opinion even after he becomes a very wealthy man.
__________________
MatWiz
"The greatest thing about the internet, is that you can quote something and totally make up the source." - George Washington.
Reply With Quote
  #9  
Old 12-21-2013, 10:20 AM
stylinexpat's Avatar
stylinexpat stylinexpat is online now
Officially Welcomed to the 'Fest
Location: Between California and Asia
 
Join Date: May 2004
Posts: 18,378
Mein Auto: 2009 M3
Quote:
Originally Posted by Dave 330i View Post
If stylinexpat is right more times than wrong he would be hanging around the Bahamas instead of between CA and Asia. Definitely, he wouldn't be hanging around fest to offer his opinion.
America has the Bahamas and Asia has Thailand Samui,Phuket and others are quite nice if you like the beaches and islands. Everything there is cheap and the weather is almost always nice and warm with plenty of sun. The waters are also very nice and clear (depends on when you go though).

Quote:
Originally Posted by MatWiz View Post
Nah, Stylin' is a good guy. He will hang around to offer his opinion even after he becomes a very wealthy man.
Thanks, that is kind of you to say. I am not better of a man than you are
__________________
2014 Cayman S
2009 M3 Sold
130i Sold
330ZHP Sold
330 Coupe Sold
Reply With Quote
  #10  
Old 12-21-2013, 12:02 PM
MatWiz's Avatar
MatWiz MatWiz is offline
Psychology Reversalist
Location: NYC
 
Join Date: Jul 2004
Posts: 16,383
Mein Auto: 528
Quote:
Originally Posted by stylinexpat View Post
America has the Bahamas and Asia has Thailand Samui,Phuket and others are quite nice if you like the beaches and islands. Everything there is cheap and the weather is almost always nice and warm with plenty of sun. The waters are also very nice and clear (depends on when you go though).



Thanks, that is kind of you to say. I am not better of a man than you are
__________________
MatWiz
"The greatest thing about the internet, is that you can quote something and totally make up the source." - George Washington.
Reply With Quote
  #11  
Old 12-21-2013, 05:26 PM
Dave 330i's Avatar
Dave 330i Dave 330i is offline
The King of Common Sense
 
Join Date: Jan 2002
Posts: 499
Send a message via Skype™ to Dave 330i
Mein Auto:
How can anyone go wrong when the stock market is over 16,000, and the NASDAQ is over 4,000?
__________________
Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid. Albert Einstein

Swim upstream. Go the other way. Ignore the conventional wisdom. If everybody is doing it one way, there’s a good chance you can find your niche by going exactly in the opposite direction", Sam Walton.
Reply With Quote
  #12  
Old 01-29-2014, 06:59 PM
TeamM3's Avatar
TeamM3 TeamM3 is offline
Living on the redline
Location: 10,000 RPM Heaven Lane
 
Join Date: Dec 2002
Posts: 27,240
Mein Auto: a BMW killer
Say again?
__________________
.

Yesterday's history, tomorrow's a mystery, but today is a gift; that's why it's called the present

.
Reply With Quote
  #13  
Old 01-29-2014, 11:26 PM
stylinexpat's Avatar
stylinexpat stylinexpat is online now
Officially Welcomed to the 'Fest
Location: Between California and Asia
 
Join Date: May 2004
Posts: 18,378
Mein Auto: 2009 M3
Quote:
Originally Posted by TeamM3 View Post
Say again?
Short term we could see gains but long term look for a weaker YEN. My $.02..

Sent from my SM-N9005 using BimmerApp mobile app
__________________
2014 Cayman S
2009 M3 Sold
130i Sold
330ZHP Sold
330 Coupe Sold
Reply With Quote
  #14  
Old 01-30-2014, 10:22 AM
mark_m5's Avatar
mark_m5 mark_m5 is offline
Overly Intellectual
Location: Where the money is.
 
Join Date: Sep 2006
Posts: 5,028
Mein Auto: 2002 M5, 1999 M Roadster
Right now, looks like 102.64 YEN for $1.00. So, getting stronger? Must be all those people from Bimmerfest buying on stylinexpat's recommendation
__________________
Mark

Grammar: The difference between "knowing your sh*t" and "knowing you're sh*t."
Reply With Quote
  #15  
Old 01-30-2014, 10:44 PM
stylinexpat's Avatar
stylinexpat stylinexpat is online now
Officially Welcomed to the 'Fest
Location: Between California and Asia
 
Join Date: May 2004
Posts: 18,378
Mein Auto: 2009 M3
Quote:
Originally Posted by mark_m5 View Post
Right now, looks like 102.64 YEN for $1.00. So, getting stronger? Must be all those people from Bimmerfest buying on stylinexpat's recommendation
Are you bullish or bearish on the YEN?


Sent from BimmerApp mobile app
__________________
2014 Cayman S
2009 M3 Sold
130i Sold
330ZHP Sold
330 Coupe Sold
Reply With Quote
  #16  
Old 02-04-2014, 09:36 AM
mark_m5's Avatar
mark_m5 mark_m5 is offline
Overly Intellectual
Location: Where the money is.
 
Join Date: Sep 2006
Posts: 5,028
Mein Auto: 2002 M5, 1999 M Roadster
I'm completely ignorant when it comes to what is likely to influence the future value of currency relative to other currencies. So I'm more possum than bull or bear.
__________________
Mark

Grammar: The difference between "knowing your sh*t" and "knowing you're sh*t."
Reply With Quote
  #17  
Old 05-22-2015, 07:43 PM
stylinexpat's Avatar
stylinexpat stylinexpat is online now
Officially Welcomed to the 'Fest
Location: Between California and Asia
 
Join Date: May 2004
Posts: 18,378
Mein Auto: 2009 M3
My target for the YEN is to hit 130 some time this year before the year ends. I am short YEN and my target for the EURO is 1/1 parity some time before this year finishes.
Click image for larger version

Name:	ImageUploadedByBimmerApp1432348991.861290.jpg
Views:	21
Size:	315.5 KB
ID:	510572
__________________
2014 Cayman S
2009 M3 Sold
130i Sold
330ZHP Sold
330 Coupe Sold
Reply With Quote
  #18  
Old 05-22-2015, 09:44 PM
dwlink's Avatar
dwlink dwlink is offline
Officially Welcomed to the 'Fest
Location: St. Louis
 
Join Date: May 2007
Posts: 2,191
Mein Auto: 435i Gran Coupe
Quote:
Originally Posted by stylinexpat View Post
My target for the YEN is to hit 130 some time this year before the year ends. I am short YEN and my target for the EURO is 1/1 parity some time before this year finishes.
Attachment 510572
JPYUSD has some resistance in the mid-low 121's. That being said, should it break through to 122, I see an easy slide to 125. Certainly possible for it to hit 130 by the end of the year.

The euro will trade at parity to the USD as soon as Greece has its next financial crisis.
__________________

2015 BMW 435i GC MSport (ED Sept 29, 2014)
2004 BMW 530i (retired)
2010 Lexus RX350 AWD (hers)
Reply With Quote
Reply

Bookmarks


Forum Navigation
Go Back   Bimmerfest - BMW Forums > Everything Else > Off-Topic
Today's Posts Search
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On



Forum Jump


All times are GMT -7. The time now is 04:44 AM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2015, vBulletin Solutions, Inc.
© 2001-2015 performanceIX, Inc. All Rights Reserved .: guidelines .:. privacy .:. terms