Why Vacations To England Are The Cheapest In Years

We drove down a country lane, passing lush, green hedges that were almost as high as our car.

The road narrowed before going over a tiny, medieval-looking bridge. We waited for an oncoming car to cross. The driver waived his thanks, and then we drove over the quaint canal.

Above us, a private helicopter prepared to land at a country club. It might have been David or Victoria Beckham, who were reported to have a multi-million dollar estate nearby. It could have been a member of the British royal family, simply flying in for tea.

This was, after all, the Cotswold District of England. Its rolling green hills and villages are adored by the rich and famous.

It also attracts plenty of American tourists, keen for a taste of jolly old England.

The United Kingdom is the third most popular tourist destination for Americans, after Mexico and Canada.

And the best time to visit England might be this summer. That’s because the British pound, compared to the U.S. dollar, is near an all-time low.

Ten years ago, 1 British Pound cost $1.65 US. On May 31, 2019, 1 British pound cost $1.26 U.S. In other words, the British pound has dropped about 24 percent over the past ten years.

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Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School (2nd Ed. Wiley 2017) and The Global Expatriate’s Guide To Investing: From Millionaire Teacher to Millionaire Expat (Wiley 2015). My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions. However, please read the Terms of Use, Privacy Policy and the Comments Policy.

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5 Responses

  1. Jon says:

    Hey Andrew,

    I love the idyllic picture you paint of England. I just wish it was real. Now you’ve made it to England, are you going to be doing a talk here?

    • Hi Jon,

      A region’s beauty is always going to be in the eye of the beholder. There’s magic everywhere, if we look with the right lens. And that doesn’t make the lens a deluded one.

      Cheers,
      Andrew

  2. John says:

    Internaxx fees are expensive. I pay about 27 – 30 Euro per-trade, and they charge 25 Euro per-quarter for a portfolio fee, which is 100 Euro per-year. Do you know of any cheaper brokers? I’m living and working in Japan, and a European citizen. Someone suggested Interactive Brokers or Degiro.

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