2006-07-08 16:16:44 · 10 answers · asked by investor 1 in Business & Finance ➔ Investing
Stay in the US for vacations. Expect it to continue to depreciate as long as there is such massive in-fighting in the country, as long as the country keeps borrowing money so recklessly, and as long as we insist on defying global interests.
Sigh.
2006-07-08 16:22:22 · answer #1 · answered by Anonymous · 1⤊ 1⤋
U.S. Govt bonds called I-TIPS are inflation-adjusted.
You could do what the most successful investor in the U.S. has done (Buffet). Buy foreign stocks (many are even traded on the NYSE).
If you read "The Great Bust Ahead" (Arnold), "The Great Boom and Bust Ahead" (Harry Dent), or "Prophecy" (Robert Kiyosaki), you'll find that we're headed toward a depression that could last between 12-14 years; starting around 2010.
There are too many people over-extended on credit and a glut of baby boomers will be retiring.
Based on the factual data for the past 80 years, once the current 49-54 year old age bracket moves into retirement, there will no longer be the economy-driving spenders we once had.
Also, the 70.5 year olds are required by law to start withdrawing from their 401k's.
2006-07-08 16:47:35 · answer #2 · answered by Yo yo 2 · 0⤊ 0⤋
Make sure your assets aren't all dollar denominated. Own Stocks and Bonds or even real estate in various parts of the world so that when you collect interest and dividend checks you will be getting paid in foreign currencies. If your dollars are going down in value then something out there is going up in value. A diversified international holding should do the trick.
2006-07-08 16:47:07 · answer #3 · answered by David G 1 · 0⤊ 0⤋
U.S. authorities bonds observed as I-tips are inflation-adjusted. you may be in a position to wish to do what the significant useful investor contained contained in the U.S. has finished (Buffet). purchase overseas places stocks (many are even traded on the NYSE). in case you learn "the large Bust ahead" (Arnold), "the large improve and Bust ahead" (Harry Dent), or "Prophecy" (Robert Kiyosaki), you'll detect that we are headed contained in the route of a melancholy that ought to wish to very last between 12-14 years; starting up round 2010. There are too distinctive human beings over-prolonged on credit and a glut of toddler boomers may be retiring. depending on the genuinely files for the previous 80 years, as immediately because the present 40 9-fifty 4 365 days previous age bracket strikes into retirement, there'll now no longer be the monetary equipment-utilising spenders we as immediately as had. also, the 70.5 365 days olds are required by potential of regulation to start up chickening out from their 401k's.
2016-11-30 21:54:01 · answer #4 · answered by ? 4 · 0⤊ 0⤋
you can hedge by buying euro or stock because depreciating dollar means appreciating of stocks more money can afford to buy dollar dominated assets
2006-07-09 03:28:34 · answer #5 · answered by miztenasty 2 · 0⤊ 0⤋
Buy "FXE", which is an ETF. Its really like betting on the Euro to strengthen vs. the dollar.
2006-07-08 16:49:44 · answer #6 · answered by jadz 2 · 0⤊ 0⤋
What do you mean "IF"??? It has already depreciated against the Euro.
2006-07-08 16:20:52 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Buy Euros.
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2006-07-08 17:35:58 · answer #8 · answered by Anonymous · 0⤊ 0⤋
The same thing we have always done, work harder for less.
2006-07-08 16:29:13 · answer #9 · answered by Lil D 4 · 0⤊ 0⤋
get used to eating top ramen and hot dogs. (if you can afford them)
2006-07-08 16:19:17 · answer #10 · answered by ripperdear6766 4 · 0⤊ 0⤋