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/biz/ - Business & Finance


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1434379 No.1434379 [Reply] [Original]

I have a decent amount of money saved up in pounds however I'm living in a country now that uses Euro. With the pound dropping at a huge rate I'm considering purchasing something from the UK with the pounds and getting it shipped over to my country and re-selling it to make up the loss.

I was considering electronics but I'm thinking of maybe importing things that are produced in the UK. What do you guys think? Any ideas?

>> No.1434391

Become a re-seller of Ginsters, Melton Mowbray Pork Pies and Irn Bru

>> No.1434426

>>1434379
>things that are produced in the UK

Such as?

>> No.1434451

>>1434426

I was hoping for some anon to give me an idea

>> No.1434486

>>1434451
We make financial services.

>> No.1434490

>>1434451
On a serious note I'm not sure what you could buy that you could bring somewhere else and sell without being a retailer. London real estate however, will go up forever.

>> No.1434533

Mercedes 300d, convert to rhd

>> No.1434619

>>1434533
Then becomes a second hand car losing a significant amount of markup value.

>> No.1435554

As another idea, would it be wiser to wait for the pound to go up again, or exchange it now with the poor rate and invest in some safe, certain stocks? I'm thinking that even if the pound does go up 5, maybe 10% (though it may not at all), in that time I can probably get that sort of return on the investment I make now.

Thoughts?

>> No.1435576

>>1435554
Yes keep hold of your pounds because they will go back up eventually. Use your pounds to invest in something.

>> No.1435580
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1435580

>>1435576
>pounds will go back up eventually

>> No.1435581

what to import guys

>> No.1435589

gutys

>> No.1436737

bump, GBP falling more