Im looking forward to investing in either, wanted to know opinions.
2007-04-06 09:46:00 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
Why not do both. Invest in mutual funds that invest in European companies. Best of both worlds.
Here are a few index funds that fit the bill
ARDU, DEB, DFE, FEZ, IEV
2007-04-06 11:16:08 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I would take a Mutual fund that specializes in European Union countries over the Euro. Investing in just the Euro is like investing in a single stock
2007-04-06 10:29:32 · answer #2 · answered by NYC_Since_the_90s 6 · 0⤊ 0⤋
Investing in Euros would be like investing in the almighty dollar, yens, etc. But a mutual fund is professional money management with broad diversification (if you chose it... you can also invest in sector funds, for example funds that only invest in health-related companies, utilities, etc.) If one compares Euros to gold, stocks have greatly performed better than any precious metal. Due to the political climate of the world, I would think Euros would be more adversely effected than mutual funds as well, especially if major conflicts erupted throughout Europe.
2007-04-06 10:39:01 · answer #3 · answered by Mike S 7 · 0⤊ 0⤋
An Europen Mutual Fund!
2007-04-06 20:50:54 · answer #4 · answered by Anonymous · 0⤊ 0⤋
If by investing in Euros, you mean trading in currencies, you need to be aware of the volatility and high risk in currency trading. There are currency traders who do well, but the reason there is such a high return possible is that there is so much risk, especially if you're trading on margin. Be careful.
2007-04-06 09:49:46 · answer #5 · answered by Still reading 6 · 1⤊ 0⤋
Mutual fund better gain portetional. Euro is forex currency trading one wrong move and you lose EVERYTHING YOU GOT!
2007-04-06 09:49:20 · answer #6 · answered by Anonymous · 1⤊ 0⤋