We all know that the pound is at the weakest it’s EVER been 💩
But what does this actually mean?
Basically:
10,000 USD one year ago would’ve bought you 7,300 GBP
Today, 10,000 USD will buy you 9,300 GBP
So, who can leverage this?
If you have investments in USD -
OR if you’re an expat - particularly living in the Middle East -
NOW is the time to be looking at converting your SAR or AED or USD back into GBP.
Over the last 12 months, you would’ve made over 22%, but even if you still do it now, you can still leverage this growth.
If you take your USD (or foreign currency) and invest it into GBP:
1. You’re benefitting from the uplift in the exchange rate
2. You’re investing cheap because the markets are low
This type of growth doesn’t come around often, so take advantage while you can.
If I can help you in any way, feel free to shoot me a DM and let’s see what we can do.
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