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tfunk
Joined: 12 Aug 2006
Location: Dublin, Ireland
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 Posted: Tue Sep 22, 2009 6:11 pm Post subject: Keeping/investing money in Korea. |
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I have some money saved up in a Korean bank account from a teaching gig that I've recently completed. Given the Euro->Won exchange rates, if I bring it home it'll turn to slush. I want to keep the money in Korea, and hopefully have it earn some interest.
I'm now on a tourist visa.
What do you recommend I do with my money? |
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detourne_me
Joined: 26 May 2006
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| Posted: Tue Sep 22, 2009 8:09 pm Post subject: |
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| I can hold onto it for you. let me know if you're interested in my exciting investment opportunities and I'll PM you my bank info to deposit the money. |
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OneWayTraffic
Joined: 14 Mar 2005
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| Posted: Tue Sep 22, 2009 11:09 pm Post subject: |
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| Send it back. Unless you can be sure that you'll be on a legal visa later. Once the money is in Europe, you could buy stocks of Korean companies, and neutralise the exchange rates were you so inclined. |
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mole
Joined: 06 Feb 2003
Location: Act III
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| Posted: Wed Sep 23, 2009 5:48 pm Post subject: |
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Hook up with a Korean gal and let her manage it.
They really do know where to find the shorter term high interest bank accounts.
When one account matures, she'll know whether to move it and where to put it next.
I don't know about the stock market as I don't gamble.
PMs are always safe. |
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