any alternatives to currencyshares

Financial Planning - Financial planning in general. (Moderated) 

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Subject Author Date any alternatives to currencyshares Janice 06-11-2007  Re: any alternatives to currencyshares wyu 06-12-2007  Re: any alternatives to currencyshares BreadWithSpam 06-12-2007
Posted by Janice on June 11, 2007, 3:37 pm have been looking for something similar to currencyshares (see their website) as it would permit a diversified buffer against a dramatic drop in the value of the dollar. personally, I like the canadian dollar, mexican peso and euro does fidelity or vanguard offer something similar to FXC ? Posted by on June 12, 2007, 5:11 am > have been looking for something similar to currencyshares (see their > website) as it would permit a diversified buffer against a dramatic drop in > the value of the dollar. personally, I like the canadian dollar, mexican > peso and euro Picking specific currencies seem like a big a gamble as picking specific stocks. I hedge currency risks primarily by having international stocks & bonds. I'm also slowly increasing my position in DBV which is a currency carry trade fund (long on currencies paying high interest, short on low yielders). Posted by on June 12, 2007, 10:33 am wyu@talisys.com writes: > > website) as it would permit a diversified buffer against a dramatic drop in > > the value of the dollar. personally, I like the canadian dollar, mexican > Picking specific currencies seem like a big a gamble as picking > specific stocks. I hedge currency risks primarily by having I read yesterday, I think, that something on the order of 40-50% of the revenues of the Dow stocks is from international sales. It looks like simply buying some of the largest-cap domestic companies, you get some currency exposure. That said, individual currency bets seem very speculative and I'd sooner see most investors diversify their exposure through regular international investments - in the vast majority of cases, either ETFs or mutual funds. -- Plain Bread alone for e-mail, thanks. The rest gets trashed. No HTML in E-Mail! -- http://www.expita.com/nomime.html Are you posting responses that are easy for others to follow? http://www.greenend.org.uk/rjk/2000/06/14/quoting Similar Threads Posted VULs and loads (and alternatives) February 14, 2008, 12:40 pm Article about CDARS and other alternatives July 25, 2008, 9:06 am