Us $ Or S $ ?

[esprit]

So just trying to get a general consensus of opinion as to which curency may fair better in the long term. To explain:- Offered a long term contract extension ( 5 years ) where salary payment can be in chosen major currency. So would you recommend remaining in a payment currency of US $ or moving to Singapore dollers ? alternatively what are your thoughts on the long term strength of the Euro ?

[stumonster]

only my opinion

I think the Euro will hold its own for a while

the HK might be the best long term

though the Sing has not fallen as badly as the USD it might well be affected by this downturn in the US

[AFKAFSinLOS]

Personally prefer SGD. When offered the choice a couple of years back I took SGD over USD.

Whichever you choose, try and get some form of exchange rate protection written into your contract. In the same way you should get tax equalisation/protection written in if you can unless you're moving to a lower tax environment.

[stumonster]

try and get some form of exchange rate protection written into your contract.

always wise advice - and at the moment majority of my cash is SGD - I just have this niggledy urge to go to HKD

[Naam]

try and get some form of exchange rate protection written into your contract.

always wise advice - and at the moment majority of my cash is SGD - I just have this niggledy urge to go to HKD

why that? HKD is pegged to USD since "centuries"

[stumonster]

why that? HKD is pegged to USD since "centuries"

when the branch breaks