English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

I am hearing a lot of buzz from the academic circles that the US is poised to enter a period of hyperinflation in 2 years. Is it time to abandon the dollar and buy other currencies that PIMCO is touting to be much more safer havens of value? E.g. the Euro, Yen and even the rubble.

2006-10-17 11:43:21 · 4 answers · asked by YFNB 1 in Business & Finance Investing

4 answers

Generally no...

But it depends upon how much money you are going to invest if you plan to invent 15k maybe...But it has to yield better than 10%.

Otherwise see if your 401k has international funds.

2006-10-17 11:53:31 · answer #1 · answered by feanor 7 · 0 0

A bird in hand is worth two in the bush. I would not give up the
sure money for a speculation. Nobody can be sure about hyperinflation and currency market. Even the smartest guys have been wrong on currency. Economist and weatherman
are mostly wrong. PIMCO guys have been wrong in the past
about interest rates.

2006-10-22 08:09:51 · answer #2 · answered by Pk D 3 · 0 0

Even with out the agency journey, in case you have extra money to shop after doing all which you already are, stick it in the 401K. i could basically stick it eighty/20 or so between index inventory and bond money. you're nevertheless getting the tax advantages, which equate to a pair factors of return on any non-tax-favored money owed. or basically pump up your variable existence coverage, assuming that's what you have. you could constantly positioned extra into it, it does have some tax advantages. And by using the way, you're making something persons look quite undesirable. thank you for that. :P

2016-10-19 21:50:20 · answer #3 · answered by Anonymous · 0 0

Stick with the company match- your $1750 contribution earns an instant 100% return from your company, with no risk to you. You can't beat a 100% instant return with no risk.
I share your concerns about the dollar, so to buffer myself, I have been investing in companies that do a large portion of their business outside the US- this way when the dollar falls, the company's earnings will grow rapidly as the foreign earnings are translated back to dollars for reporting.

2006-10-17 12:39:19 · answer #4 · answered by Cardinal Rule 3 · 1 0

fedest.com, questions and answers