How can I invest in foreign currency?

Question

I don't trust the dollar. I'd like to invest in Chinese currency but I don't know how and don't want to get into using that Forex. Is there any other way I can invest in foreign currencies?

Answer 1

strange!!!!

Anyways if you like to trade with Yuan then you have to enter Forex. But you can also enter Chinese market through stock trading.

these are only two ways.

All the best...  

Answer 2

If you want to hedge your bets against "currency risk", the risk that the US dollar will decline compared to other currencies, it's a lot easier to just buy stock in multinational companies or international mutual funds.  That way you can spread your investment over companies that are located in many countries.

That's a lot less risk than buying single currencies, and is likely to yeild a better return on your investment.

Answer 3

Sure, go to the airport and buy some Yuan.

Answer 4

U should trust $ now. But if u like others u can trade them through many online broker, like forex.com fxcm etc..

Answer 5

you can buy yen on the stock exchange but you would be a mug

if you did. buy into futures if you have half a brain.

Answer 6

Have you looked into Managed Forex Accounts?

Managed funds in foreign exchange trading is an investment strategy commonly used by seasoned investors today. The purpose of such an investment strategy is to diversify and balance your overall investment portfolio.

http://jsforex.blogspot.com

Answer 7

In my research, I have found Everbank, which you can buy CD's in foreign currencies.  Also, depending on your goals, I suggest checking out Euro Pacific.  If you google them both you will find them.

Other thought is to buy foreign bonds through your broker.  

I have been advised to buy foreign currencies that support China. I.E,

countries like Brazil and Australia that supply food to China leave for a

stronger economy/currency. You have to start your research and find what feels comfortable. Good Luck.