currencies
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Foreign currencies continuing to do well
on
2009/07/19 by
Alex, [ETF,Exchange-traded funds]
Foreign currencies are continuing to do well. For example, FXA (CurrencyShares Australian Dollar Trust), which we recommended last week, has made 2.4% in a week. We are thus continuing to recommend currencies in our Balanced allocation.
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Long currencies, bonds; stocks mixed
on
2009/07/13 by
Alex, [ETF,Exchange-traded funds]
We are continuing to recommend foreign currencies in both of our allocations. One of the funds that we are recommeding follows gold, which, like foreign currencies, tends to go up when the dollar declines. We are also recommending several bond funds, since bonds appear to be picking up. Finally, the direction of stocks is ambiguous. [...]
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Australian Dollars and British Pound Sterlings
on
2009/07/06 by
Alex, [ETF,Exchange-traded funds]
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 [...]
