Reply #20: This has been on my mind too re: Japan

[Mike03]

I remember when in the early 90s it was nearly impossible for an American to travel to Japan unless he/she was a millionaire--a hamburger cost twenty or thirty U.S. dollars. What the situation is now, I'm afraid to even look. It's probably not that bad compared to what it used to be, but certainly travel to the UK or, honestly, now even Canada, would be more expensive.

A worst-case scenario is that the dollar has far more to collapse. Can you buy the currency of the nations you wish to visit now and sort of lock in your costs before the dollar plummets further?