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Thanks Craigie for the link. And yes i am by natural disposition very careful, my problem is i see opportunities but fail to pull the trigger!

Cove, I understand and appreciate it. cheers

Thanks Cove I will do that next week. cheers.

Hi Craigie Your reply was the sort of thing i was hoping to find out about; what you have suggested does seem spot on-although i am quite ignorant. Is there a website that lists additional ways to do this type of thing? I went to ASIC website but was unable to find brokers/dealers, are IG...

TheStudent, Yes i agre banks will promote forward contacts but no harm in having the conversation. I suspect this may not be the best solution but would be a good one regardless. Cove, I am in the Eastern Suburbs of Sydney. My past focus has been stocks and shares although mainly cashed up...

Hi Terrier Thanks for the feedback. I had seen this ETF and noticed the fee of 0.45% fee going in and i believe another 0.45 out . but still may be a good option indeed. Also relatively unlimited. and there is leverage if i recall correctly. It is on my list to review again... thankyou!

Hi Cove, I am unable to PM you as i only have 4 (now 5 posts- there is a minimum of 15 I have just been informed. --re real estate: While i have heard of Zillow and had a play. I really dont know where to start with real estate, i feel it is has good potential returns but it is outside of my...

Thanks for everyone's thoughts. I apologise for not giving some context. I am hedging the strong Aussie dollar as i will be traveling in SE Asia for over one year (and hopefully longer). I suspect the AUD may strengthen further however i wish to lock in the strong rate before it retreats...

The power of the network... I believe some smart cookies here may want to share some good thoughts. In an earlier comment Cove noted that the big banks are very price competitive for large sums -this was news to me. And some others Medhead et al have made some good points. I am still waiting...

Thanks Cynicor, your suggestion is the simplest but i am not sure if it is the most cost effect: the interest rate differential will be (6.5-0.19 =~6.3%) every year which would be more than the premium paid for an option/futures contract. cheers

I wish to lock in a portion of my savings (6 figures) given the strong value of the Aussie Dollar (AUD); regardless of whether it continues to rise or fall. If i merely buy USD i face a 6.5% decline in the money due to (foregone interest difference 6.5% from ubank and 0% for USD) each year. 1)...