by S. Marty Pantz » Fri May 16, 2008 4:21 pm
You might also consider investing in Certificates of Deposit denominated in foreign currencies. offers such CDs in all kinds of currencies. Although some of the interest rates are not that great, you have the ability to gain or lose much more--depending on which direction the dollar goes. The Euro CD has been good to some over the past few years, sometimes appreciating around 10% in one year PLUS the APY.