By wow - 02/11/2014 15:23 - United States - Gainesville

Today, my daughter mentioned that she didn't need to work because she could convert a dollar to 13 Mexican pesos and convert it back into "13 USD", over and over again. She's 17. FML
I agree, your life sucks 40 035
You deserved it 5 215

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Let her try, she'll learn

If only that was how it worked...

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Let her try, she'll learn

She might be right... She might have to convert the money into thirty different forms, but she might be right.

I think I'll just plant a Money tree. I'll make sure it gets enough liquid assets, has a steady income at the roots, and see how much I can get...

#31, I've had multiple friends use the currency exchange as a source of income. Not their only income, but they use it to boost profits by a couple hundred dollars a month, maximum.

Bahahaha i love your daughter; that is fantastic!

#43. profits from what?

#90 - I have a friend who does this as well. There is no standard set for currency exchange. Each kind of currency is set against every other kind of currency in a fluid dynamic. For example, at any given moment, 1 Dollar might be worth 15 Yen or 25 pesos, but 1 Yen might be worth 2 pesos. So you spend 10 dollars and buy 150 yen. Then use the 150 yen to buy 300 Pesos. Then exchange those 300 pesos for 12 dollars. If you can do that 100 times a day with thousands of dollars at a time, you can make some serious money. Generally the inconsistencies are far more subtle, and it may take converting Dollars to yen, to pesos, to lira, to euros, to Juan, and then back to dollars in order to see a really big return. The guys I know who do this wrote a computer program to track these inconsistencies in real time in order to take advantage of the variances in the markets. There is a level of risk involved, because the markets are so fluid that the inconsistencies sometimes change within the time it takes to make those 4 or 5 exchanges, but if you are fast and know what you were doing, you can make a lot of money.

If the girl does it correctly she may earn a good amount of cash. However due to her age she might not have the resources to be able to do this and have more than a few extra bucks here and there.

If only that was how it worked...

God help your child!

It does If you know what you are doing. But the old saying you have to have money to make money couldn't be truer.

And we wonder why older generations think ours is doomed. Smh

Older generations were a lot worse than ours. We have significantly lower crime rates and less drug abuse.

Yeah back in the day my grandma went HARD. My grandpa still drinks and does more drugs than I do.

And they played harder too. I would climb trees and read a book. My gram would climb to the top and sling-shot to the next tree. I would use a sled and sneak into a golf course. My grandparents would use anything as a sled. Sneak up on cars passing by and hitch a ride on their bumper. I would use a soft ball and play ball tag. My grandpa would use big rocks for ball tag. His friends and him would only pause if someone lost a tooth. I hid behind trees and would throw snowballs at cars coming up a hill. My grandparents hid behind that exact tree and would roll old tires at cars coming up the hill.

Your grandparents sound awesome.

Thats because we have internet

And also the pregnancy rate for teens is decreasing.

That is too funny :)

Yeah, #42, those were great days, sounds j uhh st like my childhood.

I'm probably gonna get hate for this, but I agree with you. Our generation sucks.

speak for yourself

Parents shouldn't need to explain these things

I'm sure she'll get results if she tries hard enough

How does she not fail in math

Who says she's passing?

Despite what most people believe you can memorize how to solve most high school level maths problems. I had a few friends who did this. They didn't have the slightest idea why they were doing what they were doing but at least they got their high school diploma. In my country high school tests and exams rarely require any creativity. It's just a set of classic maths problems and you can buy cheap books teaching you have to solve them. i've seen some SAT math problems and they weren't any better than those in my country. That could explain how OP's daughter coud have a successful academic career despite being not very smart.

Comment moderated for rule-breaking.

Show it anyway

It says she's 17.

Clearly she's 5.

Read the last sentence. It says she is 17.

She is YOUR age lmao... I hope it's not a generational thing.

Are you by any chance friends with this girl?

It says she's 17.. I'm sure other people have already replied tho

Jesus Christ. I'm not much better than her and missed the last line :')

Kill it with fire.

Wow. Go future leaders of the free world.

Well you can't win them all. I'm not saying give up on her, but by chance does she have a sibling that's worth rooting for ?

favoritism is so wrong

Not in this case.

If she had a sibling, then said sibling would have been rooted for!