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Old 02-21-2007, 06:48 AM   #1
nun
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Moving to Europe and looking to avoid $$$ exchange rate fluctuations

I'm moving to Europe and worried about the falling dollar, my money is in US based
mutual funds. Investing directly in European based mutual funds is not a good thing
to do for a US citizen because of complicated tax laws. So would just changing my allocation
in my US based accounts to emphasize European Stock Index funds
be the simplest way of avoiding the effects of the dollar/euro exchange rate.
Any other suggestions.
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Old 02-21-2007, 06:54 AM   #2
bpp
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Re: Moving to Europe and looking to avoid $$$ exchange rate fluctuations

Quote:
Originally Posted by none
So would just changing my allocation in my US based accounts to emphasize European Stock Index funds be the simplest way of avoiding the effects of the dollar/euro exchange rate.
Yep.

Quote:
Any other suggestions.
Euro-denominated bonds, if you can get them through your broker.
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Old 02-21-2007, 10:11 AM   #3
bosco
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Re: Moving to Europe and looking to avoid $$$ exchange rate fluctuations

if you have access to a brokerage account, Rydex has ETFs for Euros which is equivalent to a Euro-denominated money market fund.

FXE

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