How to Invest in Euros

Euros (Image: Google images)

Currently a Euro is worth about $1.57. This has steadily increased over the past five years (from only about $1.20 in 2003), making the Euro a good investment. If you want to invest in Euros, there are several ways to proceed.

Decide how much money you are willing (or able) to invest. This will affect your options, as some investments require a minimum commitment.

Consider purchasing an FIDC insured CD. Usually a minimum investment of $10,000 is necessary. The advantage here is security.

Look into investing abroad. A UK government bond pulls more interest than a comparable US bond, so investing in euros can benefit you there as well.

Invest in European mutual funds that are Euro based. Most major brokerage houses will have these available for you, and you can choose from a wide variety.

Tips & Warnings

  • Make sure you get a company’s track record before engaging in business with them. Don’t enter into dealings with anyone who is evasive or unclear about their past dealings.
  • If you don’t have a good understanding of foreign exchange rates, it is easy to be led astray. Watch out for deals that are "too good to be true."

Related Searches

Promoted By Zergnet


You May Also Like

  • About Currency Investment

    It may not be for the faint-hearted or for those who are only interested in casual investing, but currency investment is a...

  • Should You Invest in Iraqi Currency?

    Investing in Iraqi currency has been called a scam, gambling and speculating. Yet people have bought Iraqi dinars on the basis of...

  • How to hedge falling US dollar currency

    With US dollar fluctuating wildly over the last few years, it would be a good idea to hedge your cash holding. Often...

  • How to Buy Euros

    When you travel to most European Union countries, you will spend currency in the form of Euros. There are many ways to...

  • How to Invest in Nigerian Stock

    The integrated global financial system allows investors to buy and sell stocks anywhere in the world, including Nigeria. Online brokerages allow individuals...

  • How to Invest in Eurobonds

  • How to Buy Euro Bonds

    Issuers of eurobonds include nations, regional governments and a large variety of companies. The bonds are denominated and valued using the euro...

Related Searches

Check It Out

Are You Really Getting A Deal From Discount Stores?

Is DIY in your DNA? Become part of our maker community.
Submit Your Work!