July 25, 2007 at 5:00 pm by Tom Lydon
With the dollar in decline, it could pay to invest in a variety of international and foreign currency exchange traded funds (ETFs). As we mentioned last week, there are several benefits abroad and reasons why the dollar continues to weaken, they include:
- The U.S. economy is growing slower than many other countries’ economies (such as South Korea, Brazil, Germany).
- U.S. interest rates are at the status quo while other countries’ interest rates are declining, according to Carl Delfeld of ETF EXRAY.
- The U.S. housing market is kind of a mess and is not predicted to improve.
Read the disclosure, as Tom Lydon is a board member of Rydex Investments.
Tags: Brazil, EWG, Germany, Real Estate, South Korea
Share: 
Digg | 
Bookmark at Del.icio.us | 
Subscribe to our RSS Feed
