Web    www.BenSwenson.com

Return to front page | Return to News Archive
[Ben]:Cash is King ... er ... Queen ... er ... Jack ... Discuss This [1 comment so far] View Comments
Source

Anyone else remember when a dollar was worth more than a Euro? Remember when a pile of Canadian money was worth less than a dollar?

Cash has always been a bad investment, but this is getting to be ridiculous.

I've got one mutual fund that has appreciated 11% since late May (considering routine investments along the whole period - actual increase over that time period was 27.91%) which has more than made up for minor losses in other funds. I thought I was doing well ... but given the exchange rates I'm wondering if it wouldn't just make more sense to buy some foreign currencies. Probably not. I'm still getting a significantly better return in a few good mutual fund, but it's getting depressing how quickly inflation is depressing cash-on-hand.

I'm glad I decided to invest in a few International funds when I started.
  2007-10-18
Permanent Link:
Cash is King ... er ... Queen ... er ... Jack ...
 
BenSwenson.com Home
Forums
User ID:
Password:
Register here
94 users 8209 posts 0 active users
 
Communications
Contact Administrator
Contact Picture of the Day
Images
Picture Archive
New images
Picture of the day
(2016-04-15)
Links
Schlock Mercenary
The LawDog Files
View From the Porch
Alex Mattingly
Smallest Minority
 
Amazon Affiliate Link
Individual Sponsors
LensAndLasers.com
Thrim LLC
©2018 by Ben Swenson.   All rights reserved.
Reproduction in whole or in part without permission is prohibited.
     Hosted by: