dex,
For #1 I meant to say I purchased
For #2 I was trying to imply that the dollar falls so it costs me more to purchase a share
So you are on the same page with me that if the dollar falls & I own a foreign denominated investment I should see a gain. I'm not sure where the article is...
Can anyone help me understand why when investing overseas a dropping dollar would work against a US investor when invested in something?
In the following article it states "if the dollar weakens against other currencies, ... it reduces the value of US investors' foreign holdings"...
Any thoughts on this possible alternative to the 4% safe withdrawl rate?
FPA Journal - A Phased-Income Approach to Retirement Withdrawals: A New Paradigm for a More Affluent Retirement
Not being as "seasoned" as most of you folks out there I'm not seeing the wholes in it.
I have a bit of...