Jbreen1
Distinguished Member
- Joined
- Nov 13, 2007
- Messages
- 1,059
- Reaction score
- 2
Foreign investing has been big for quite a while now. My only point was that if everybody's talking about it, it might still be the current big thing, and it almost certainly was the last big thing, but it's unlikely to be the next big thing. The goal is to get there before everyone else, not immediately after.
True. But it's always going to be a good way to invest. Because the dollar is stronger in almost every other country. So you convert your dollar to Euro or whatever, buy a security, transfer the euros to U.S. dollars when it matures and your original investment is quite a bit larger just from the exchange rate. But yes this has been done for a while but will continue to be a great one I think.