You might have been surprised when I listed cash as an investment. And my statement that it is a poor investment still holds.
But years ago I actually made money on it. I was on assignment in London, traveling back and forth every so often to the United States. So I would buy British pounds before I flew to London.
When I returned, I would take my left over British pound notes to my bank and change them into dollars. During many trips between London and the states I made money, because when I got back to the states, the British pound had become more valuable against the U. S. dollar. So I got more dollars than I had paid originally.
There is an entire field of foreign currency exchange that does this as investment. It’s definitely beyond the scope of this book and I don’t think falls into the category of beginning investor.
It’s just an interesting thought to share.