Australian Dollars and British Pound Sterlings
written by Alex on Monday, July 6th, 2009 at 2:18 am 
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.
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- Foreign currencies continuing to do well
- Long currencies, bonds; stocks mixed
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- Real estate and gold
- International consumer discretionary stocks and municipal bonds
July 20th, 2009 at 12:55 pm
[...] currencies are continuing to do well. For example, FXA (CurrencyShares Australian Dollar Trust), which we recommended last [...]