Moving to Europe and looking to avoid $$$ exchange rate fluctuations

nun

Thinks s/he gets paid by the post
Joined
Feb 17, 2006
Messages
4,872
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.
 
none said:
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.

Any other suggestions.

Euro-denominated bonds, if you can get them through your broker.
 
if you have access to a brokerage account, Rydex has ETFs for Euros which is equivalent to a Euro-denominated money market fund.

FXE
 

Latest posts

Back
Top Bottom