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.
OCCUPY ER, <=>
"The needs of the many outweigh the needs of the few, or the one." - Spock
Retired Mar 2014 at age 52
Target AA: 70% equity funds / 28% TIAA-Traditional/ 2% cash
Target WR: 0.0%,
Income from pension, rent, and eventually SS