Post
Topic
Board Economics
Re: UK and GBP currency not good but London don't care money and wealth talks there
by
franky1
on 06/04/2025, 14:39:05 UTC
whenever someone says [asset] is doing bad on a market.. you have to ask bad for who

if a market was at a high and now correcting down to value, its actually good for buyers
if a market was low offering good deals but now going premium, its actually good for sellers

GBP on the $->£ was at $1=£0.82 two months ago and now $1=£0.78 (-5%)
however
GBP on the £->$ was at £1=£1.22 two months ago and now £1=£1.29 (+5%)

so a good time to buy some $$ and then when things go back sell the dollar and reap the rewards of having more pounds

if the real estate market has slumped then its a good time to buy property.
if the real estate market has inflated then its a good time to sell property.

..

people need to learn there is opportunity at both sides of a market sentiment.