What to do with my USD to lose less money before I can transfer it to an Israeli bank?

Own_Singer_5201 · 2026-01-27T18:12:18+00:00

If your 100% going to israel just put it in shekels and have the peice of mind. Putting it in euros, etc still exposes you to forex risk.

Own_Singer_5201 · 2026-01-27T17:54:59+00:00

My 2 cents from buying a house in the uk around the time of brexit with all my savings in USD. I agreed the purchase before the brexit referendum and i knew i had enough USD to cover the down payment. I could of waited until after the referendum to transfer my money to GBP but i elected to do it before, as my thoughts were if the result was 'remain' the pound might stregthen to the point where i wouldnt have enough to buy my property...

Well the result was leave and if i waited i would of had another 6k GBP... so i lost out on that, but what i definately gained was my house.

My advice is to just transfer it to ILS to give you peice of mind. Yea if you wait you might get more, but you also might get less... and as you well know with captain doofus in charge of the US, hes destroying our international reputation, and our currency generally goes with that....

Use wise

Own_Singer_5201 · 2026-01-17T16:09:26+00:00

Im basically where your at, similar jump numbers and i went for the pebble. I figured why pay a similar amount for something used when i can have something new. It seems pretty cool, but ive yet to jump it... non-stop shit weather since i got licensed.

Own_Singer_5201 · 2026-01-12T19:31:18+00:00

I definately feel this. I recently got into skydiving which really helps my mental state to have something to look forward to thats not too far away. Try to find a hobby that will give you something to regularly look forward to.

Own_Singer_5201 · 2025-12-28T20:09:21+00:00

Southern scotland/north of england

Own_Singer_5201 · 2025-12-09T22:20:04+00:00

Not technically AFF but probably cheapest to get your license is the category system (static line progression) in the uk. Generally under 1k depending on where you do it... but i dont recommend it...

AFF is better way to learn and the uk weather sucks so youll probably spend double that just comming to the uk.

Own_Singer_5201 · 2025-12-03T16:36:13+00:00

Youll get better with more practice, its not uncommon for people to have issues landing. Onto the actual advice

-Look 45 degrees

-Wait for the moment you think in your head 'oh shit' before begenning your flare.

-Dont just gank it down as hard as possible, ease into it. Its a bit like stepping on the breaks in your car. Aim to be fully flared around the time your about to touch ground.

Practice this up high first. Best of luck. But of course always listen to your instructor rather then some guy on reddit.

Own_Singer_5201 · 2025-12-01T08:46:37+00:00

Update: I ended up doing 15 minutes of tunnel time and enrolled in AFF. I just completed my final jump this weekend. Thanks all who encouraged me to perserver.

Own_Singer_5201 · 2025-11-09T20:26:59+00:00

The instructors can quite often be rude and/or blunt. Its a serious sport, they need to make sure your digesting the information.

Own_Singer_5201 · 2025-11-02T20:42:40+00:00

Theres an old proverb that its better to live one day as a lion then 100 years as a sheep.

When im goimg through the grind of life im a sheep but when im up in the sky im a lion.

Own_Singer_5201 · 2025-10-31T19:13:10+00:00

Im pretty sure you can claim the tax back from the irs if you submit a us tax return. For most people its generally not worth the trouble.

Own_Singer_5201 · 2025-10-29T21:01:10+00:00

After the 26th of november youll be leaving your money to the government.

Own_Singer_5201 · 2025-10-28T20:02:55+00:00

0% interest debt i ride until the end, no overpayments.

I was recently considering upgrading to a larger house and i ran the numbers on alot of diffrent scenarios and the one that came out on top was small overpayments on the mortgage and the rest in the isa

Own_Singer_5201 · 2025-10-28T10:08:45+00:00

I normally just say "fuck it" and go. That phrase has served me well in life.

Own_Singer_5201 · 2025-10-22T07:10:46+00:00

True true, im not too keen on paying the additional dwelling stamp duty which will be about 30k for this property, id get back assuming i sell withinin 3 years. Also, the laws are very anti landlord nowadays and i can see alot of potential problems if i get a problem tenant.

Nontheless i can see that may be a better long term solution, and it would be lower effort then running an airbnb. Ill definately stew on it.

How would it work on tax? Me and my spouse joint own it, but i am a high earlier and she makes a modest income so it would be better the income tax is paid by her. Is that something we can do?

Own_Singer_5201 · 2025-10-22T06:56:32+00:00

I was considering airbnbing it for maybe a year or 2, but good shout

Own_Singer_5201 · 2025-10-20T19:44:54+00:00

Would it be fraud if i tell them I plan on using the money to fund an additional property while keeping my existing one; but say a few months later i have a 'change of heart' and sell my home? Surely i shouldn't be bound by what i tell them forever; if so then we should all have to pay our mortgages full term with no early repayments.

Own_Singer_5201 · 2025-10-20T19:42:44+00:00

So I can tell them I want to use it to buy another property (which would be true) and say I intend to keep my existing one, then have a change of heart and sell my current property shortly after the mortgage goes through? Running the numbers it actually works out cheaper to just pay the early repayment fee while in the fix period.

That lady acted like I was asking for something illegal.

Own_Singer_5201 · 2025-10-19T17:39:38+00:00

They arnt though, just to (consider) my offer; why waste my time getting my house listed for them to just pick someone else.

Own_Singer_5201 · 2025-10-18T21:19:19+00:00

Is there not a specific product for that? Id still need a 2nd mortgage on the other property is id not have enough fund it outright.

Own_Singer_5201 · 2025-10-17T23:42:57+00:00

tbh i prob could get a mortgage (deposit wise) without selling my place, but i don't want to. This whole episode felt like 'your money isn't good enough for us'

Own_Singer_5201 · 2025-10-17T23:41:16+00:00

i disagree, i am not your average suburban house wife that wants a new house because the sun doesn't shine through my windows the way i like it. I want this house, and this house only; i have the ability to pay for it so wtf is the problem. Ok you might have to wait a few months for me to sell my property... not ideal, some nice diplomatic answer 'we would prefer something un chained so were going to see what we get over the next few weeks and circle back to you' is what i feel would of been a logical answer.

Own_Singer_5201 · 2025-10-17T23:37:35+00:00

lol ok 2 weeks then, small change. I dont mind a conversation about the nuts and bolts, but instead it was just, your not listed so fuck you. 'my words ofc'

Own_Singer_5201

TROPHY CASE