We pick the mix of investments that maximizes the expected return while not exceeding a fixed maximum risk. The recommendation we made a week ago of going into cash was prudent, as stocks fell during this past week. For example, the S&P 500 index fell by 3.32%. This week, we are recommending two foreign currency funds. One invests in Australian dollars, while the other in British pounds.

Related posts:

1. Foreign currencies continuing to do well
2. Gold, bonds, and real estate

One Response to “Australian Dollars and British Pound Sterlings”

1. pingback from Foreign currencies continuing to do well | Peaceful Gains Newsletters
   July 20th, 2009 at 12:55 pm

   [...] currencies are continuing to do well. For example, FXA (CurrencyShares Australian Dollar Trust), which we recommended last [...]

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