No. of Recommendations: 0
Markets today are global , might this not lead to borrowing in non US countries and spending it or investing it in the US?

Interesting point. Sort of what I've been doing for the past year. With new cash (Pounds sterling), I've been changing it to USD in my IB account, where I've been getting interest of 1.7%. This is compared with 1% I could get in a savings bank account. I'll have the cash sit there until I see an opportunity to buy a stock.

GBP:USD conversion has crashed due to all the brexit calamities, can't help that. And the stocks I've bought haven't done well recently either! And the interest earned on the few days/weeks of cash held is pretty negligible. But it is something I have thought about.
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.