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Originally Posted by CoachKandSportsguy
If you buy foreign stocks or bonds or other financial interests, you are exposed to CURRENCY fluctuations...
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Quote:
Originally Posted by Ecuadog
What about countries that use the US dollar as their official currency?
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Quote:
Originally Posted by CoachKandSportsguy
Because the SP500 companies are already there, and you have that in your base portfolio, the intl funds end up being riskier tiered companies, so you are diversifying by adding a lower quality set of companies, no matter what currency the home country is using.
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I think you're talking solely about foreign stocks, bonds and funds. I don't see other financial interests, such as CDs, being exposed to CURRENCY fluctuations in a country that uses the US dollar as its official currency.