Where to invest the falling US dollar?

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Subject Author Date Where to invest the falling US dollar? seversont 08-19-2007  Re: Where to invest the falling US dollar? FrediFizzx 08-19-2007  Re: Where to invest the falling US dollar? lubow 08-19-2007  Re: Where to invest the falling US dollar? d. 08-19-2007  Re: Where to invest the falling US dollar? lubow 08-19-2007  Re: Where to invest the falling US dollar? Blash 08-19-2007  Re: Where to invest the falling US dollar? Alan Bowler 08-21-2007  Re: Where to invest the falling US dollar? Lubow 08-21-2007
Posted by on August 19, 2007, 11:45 am What options are available to US citizens looking to get some money working for them outside the US to take advantage of the falling value of the US dollar? What are some conservative options as well as more aggressive options? I would also appreciate any recommended sites to visit to learn about the issue of investing in a falling US dollar environment. TIA Posted by FrediFizzx on August 19, 2007, 1:41 pm > What options are available to US citizens looking to get some money > working for them outside the US to take advantage of the falling value > of the US dollar? > > What are some conservative options as well as more aggressive options? > > I would also appreciate any recommended sites to visit to learn about > the issue of investing in a falling US dollar environment. Well, the dollar has probably bottomed out or is close to it so you probably won't be able to take advantage. But the easiest option is to buy global ETF's that have low expenses like EFA. More conservative would be to buy stocks in large US companies that sell a lot of their stuff globally. http://www.marketminder.com/ You can search around that website but if really serious, I would suggest reading Ken Fisher's new book "The Only Three Questions that Count". Now, what is the play for a rising dollar? ;-) Fred Posted by lubow on August 19, 2007, 2:21 pm Mrs. L and I had a marvelous vacation at Niagara Falls two years ago. Besides a great hotel room overlooking the Falls at the Sheraton, and getting autographs from the Raptors players who were also at the hotel for pre-season training, we set up a CAD account at the Bank of Montreal BMO (in Canada, you must set up the account in person). Not only have we gotten at least 25% appreciation on our money in Canada we also get a little bit of interest too! I must admit that making loonies on the devaluation was not our goal in setting up the account. Our goal was to invest into the Rio-Can REI-UN.TO and Suncor SU DRIPs. Canadian law specifies that only those with Canadian bank accounts can invest optional funds into a DRIP where the DRIP custodian is located in Canada. Rio-Can gives the investors a 5% bonus if they take the dividends in stock instead of cash. Those two DRIPs together with the BMO account have proven to be among the greatest long term investments we have ever made. Also consider www.everbank.com ... Everbank can open FDIC insured accounts in many different currencies. My latest canvass of our company's pension fund (of which I'm the portfolio manager) shows we have just as much stock ownership in Canadian companies as in US companies. If I buy a Canadian dividend paying company that is also traded in New York, *most* of the time I will buy the stock on the Toronto exchange because I want the dividends in loonies. Sometimes, however, you can get a better deal on price and yield if you buy the stock in New York. -- Lubow > What options are available to US citizens looking to get some money > working for them outside the US to take advantage of the falling value > of the US dollar? > > What are some conservative options as well as more aggressive options? > > I would also appreciate any recommended sites to visit to learn about > the issue of investing in a falling US dollar environment. > > TIA > Posted by d. on August 19, 2007, 4:08 pm I was half-listening to CNBC last week and heard something about Everbank having exposure to the credit mess. I didn't bother to investigate that, but it might be worth the effort if one was considering putting money there. >Mrs. L and I had a marvelous vacation at Niagara Falls two years ago. >Besides a great hotel room overlooking the Falls at the Sheraton, and >getting autographs from the Raptors players who were also at the hotel for >pre-season training, we set up a CAD account at the Bank of Montreal BMO (in >Canada, you must set up the account in person). Not only have we gotten at >least 25% appreciation on our money in Canada we also get a little bit of >interest too! > >I must admit that making loonies on the devaluation was not our goal in >setting up the account. Our goal was to invest into the Rio-Can REI-UN.TO >and Suncor SU DRIPs. Canadian law specifies that only those with Canadian >bank accounts can invest optional funds into a DRIP where the DRIP custodian >is located in Canada. Rio-Can gives the investors a 5% bonus if they take >the dividends in stock instead of cash. Those two DRIPs together with the >BMO account have proven to be among the greatest long term investments we >have ever made. > >Also consider www.everbank.com ... Everbank can open FDIC insured accounts >in many different currencies. > >My latest canvass of our company's pension fund (of which I'm the portfolio >manager) shows we have just as much stock ownership in Canadian companies >as in US companies. If I buy a Canadian dividend paying company that is >also traded in New York, *most* of the time I will buy the stock on the >Toronto exchange because I want the dividends in loonies. Sometimes, >however, you can get a better deal on price and yield if you buy the stock >in New York. > >-- >Lubow >> What options are available to US citizens looking to get some money >> working for them outside the US to take advantage of the falling value >> of the US dollar? >> >> What are some conservative options as well as more aggressive options? >> >> I would also appreciate any recommended sites to visit to learn about >> the issue of investing in a falling US dollar environment. >> >> TIA >> > > Posted by lubow on August 19, 2007, 9:22 pm The worst that can happen is that FDIC kicks in if Everbank fails. I know BMO has had troubles with its trading business (anyone remember Bearings?) but I also know that BMO is the oldest bank in Canada and I seriously doubt if the government would permit this fixture of Canadian society to go under. -- Lubow Similar Threads Posted Falling dollar puts pressure on Opec July 24, 2007, 10:23 am Falling dollar adds to investor woes November 11, 2007, 11:15 am HWYI Dividend FAQ, $$2-$$$$4 dollar estimated based on 84 million dollar independent valuation November 2, 2006, 12:12 pm Re: The US dollar continues its decline. Now the Canadian dollar is worth $1.10. November 20, 2007, 8:16 am OCBC's Tanuwidjaja Says Investors Jittery on Oil Prices, Dollar, ``The whole sentiment has turned bearish on emerging market assets. There is jitteriness over oil prices and the dollar June 9, 2008, 10:34 pm RGR (falling apart?) August 9, 2007, 10:58 am IEA warns on falling oil inventories October 12, 2007, 12:36 am How do you make money on falling stocks? 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