So, um, the dollar?

[brewer12345]

Nobody noticed the USD gapping down on Friday? My commodities and foreign bond funds when ape-poopy while I was busy stuffing myself taking DD to a children's museum...

 

[LOL!]

I don't understand what "ape-poopy" means. Did your funds go up or down?

 

[Nords]

Nobody noticed the USD gapping down on Friday?

Oooh yeah. The portfolio's coming up!

 

[FIRE'd@51]

Forget the dollar. Did anybody notice REIT's (as measured by VGSIX) were up 6% last week.

 

[Delawaredave]

Interesting dollar discusison over at:
http://www.2000wave.com/article.asp?id=mwo112406

I'm guessing dollar's going to weaken a little more against Euro and a lot more against Asian currencies.

 

[brewer12345]

I'm guessing dollar's going to weaken a little more against Euro and a lot more against Asian currencies.

If you have the courage of your convictions and some spare ducats, I draw your attention to: http://finance.yahoo.com/q?s=AAB-WT

They are exchange traded Asian curency warrants that IIRC expire in Jan. 2008 and are roughly at-the-money. I haven't quite had the gazungas to buy any of these things, but I suppose I could be convinced. Obviously speculative, though.

 

[2B]

I wouldn't worry about the holiday Friday. Monday will fix whatever was out of wack.

I have never understood why anyone would want to own a Euro. The self-righteous Europeans are debasing their currency worse than anything DC could imagine. It just doesn't seem to impact their exchange rate as much.

 

[Delawaredave]

Interesting but currency warrants are a game I can't even pretend to understand....

I like the "Buffett approach" of buying stocks / funds in international companies whose earnings will "magnify" well when converting back to dollars.

We are talking about doing a European vacation next year. I couldn't afford Europe a couple years ago at $1.20. Imagine if it goes to $1.40 - $1.50..........

 

[saluki9]

Forget the dollar. Did anybody notice REIT's (as measured by VGSIX) were up 6% last week.

Most of that is due to the private equity buyout offer on EOP which makes up a large part of the index

 

[bpp]

We are talking about doing a European vacation next year. I couldn't afford Europe a couple years ago at $1.20. Imagine if it goes to $1.40 - $1.50..........

If you decide definitely to go to Europe, you could start buying some Euro traveller's checks every month in advance to protect yourself against a huge swing just before you go. DCA.

 

[BigMoneyJim]

Forget the dollar. Did anybody notice REIT's (as measured by VGSIX) were up 6% last week.

Yeah, I noticed. I belatedly rebalanced my portfolio and sold off almost a third of my VGSIX. It went up 4.5% over the next two days! But I wasn't trying to time things, so that's just the way things go.

If you decide definitely to go to Europe, you could start buying some Euro traveller's checks every month in advance to protect yourself against a huge swing just before you go. DCA.

Interesting idea. I guess that should be obvious to someone investing via DCA, but I don't think I would ever have thought of DCA'ing into a foreign trip. Neat trick!

 

[bosco]

If you decide definitely to go to Europe, you could start buying some Euro traveller's checks every month in advance to protect yourself against a huge swing just before you go. DCA.

or buy some FXE if you have a brokerage account and want some interest on your Euros rather than let them sit in your drawer.

 

[d]

I wouldn't worry about the holiday Friday. Monday will fix whatever was out of wack.

eh?

 

[2B]

eh?

Well, maybe Wednesday fixed it. Who knows.

Wait till Thursday.