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Old 05-17-2023, 11:09 AM
manaboutown manaboutown is online now
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I own two dividend oriented international ETFs, IQDG and EUDG. They comprise only a small percentage of my portfolio.

Back in the late 1970s, very early 1980s a colleague at work spent a lot of time in a small town a good ways down on the west coast of Mexico. He converted a substantial amount of his savings into pesos and deposited them into a CD or similar savings instrument in a Mexican bank as they were paying a very high interest rate, maybe 18 - 22%. Then the peso devaluations started. The bank would not return his money as he had time deposits. His losses were terrible.

Oh, the town is San Blas. It was a small fishing village back then. San Blas Mexico | Hotels, Beaches, Nature, Things to Do
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Last edited by manaboutown; 05-17-2023 at 12:55 PM.