In John Mauldin's last weekly letter, he writes that broad market indexes are not the place to be - or he implies as much.He never states to invest overseas to play the dollar drop that is coming (of has arrived).One caution that I should be made clear - if you invest in countries that play with the dollar currency value (Japan, Asia, etc.. ) - when the $ does fall - those local economies will fall also ( and take their markets with them). The reason is simple - when the $ falls, the products from these countries will increase in price, US buyers will reduce demand.Maybe the best option is to invest into a place like Canada and when the $ falls - get to some of the sagging US companies that will takeoff if the ASIA products are too expensive (i.e. GM for autos, etc.. )Comments ?
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra