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.
“So we beat on, boats against the current, borne back ceaselessly into the past.”
Current AA: 75% Equity Funds / 15% Bonds / 5% Stable Value /2% Cash / 3% TIAA Traditional
Retired Mar 2014 at age 52, target WR: 0.0%,
Income from pension and rent