With the U.S. dollar continuing to collapse in value, one way to play that ongoing trend would be to invest in an Exchange-traded fund which provides you targeted exposure to foreign currencies.
Foreign exchange trading is nothing more or less than investiing in one currency versus another. Do your homework, find solid currency performers against the U.S. dollar, and invest in an ETF that caters to those circumstances and currencies.
One thing to understand about currencies in general; when one is going up another is coming down, and the U.S. dollar will be coming down for some time to come, so it'll be a good play for quite a while when choosing the opposite currencies correctly.
Saturday, September 26, 2009
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