Posted:
Thu Nov 29, 2007 9:46 am
by rose-colored-coolaid
Lamont, it depends on your 401k. If it has any international funds, go with those. They should be invested in international companies with growth prospects. This is actually better than investing in a currency anyways, because if the company does well and the dollar stabilizes, you win. If the dollar crashes, you win.
Alternatively, you can put the money into large caps. When the dollar falls, it makes products by GE (for example) cheaper in foreign countries. This should in theory boost sales, which would cause the company to grow faster than the dollar falls. Other larger companies with international sales should produce similar results, hence large caps funds.
Posted:
Thu Nov 29, 2007 9:47 am
by AwaySooner
I just moved them all out to retire money market yesterday, going to stay put until this shitstorm is over. I am up roughly 10% so far, so I am going to wait. Yeah there's really not much you can do. You can quit your job and rollover to IRA.
Posted:
Mon Dec 10, 2007 2:53 pm
by burritos
Historically, do individual investors do well when they time the market?
Sure, the dollar is weak, but then investors are going to purchase american goods. Look at Airbus. It's business is getting hammered by the weak dollar.
http://www.businessweek.com/globalbiz/c ... _companies
Is this something that could happen in other industries?
Taking the blue pill now.
Posted:
Mon Jul 21, 2008 9:48 pm
by siddha99
Taking the blue pill now.
Taking the blue pill now.
Posted:
Tue Jul 22, 2008 6:28 am
by siddha99
Taking the blue pill now.