The Best Time to Send Money Overseas

  • Posted by Joe Campbell on November 20, 2018 in Global Money Transfer

the best time to send money overseas

When I was 19 and I was thinking about selling some shares to travel overseas, I called my father’s stockbroker and asked him, ‘So when’s the best time to sell my shares?’ He simply said: ‘When you need the money.’

I sold the shares and almost immediately afterwards the stock price almost doubled in price. I still regard this conversation to be some of the best personal financial advice I ever received. In 2000, the Dot.com bubble burst and those shares went to zero as the company went bust.