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Home » Discuss » Topic Forums » Economy

duvinnie

(754 posts) Send PM | Profile | Ignore

Fri Oct-17-03 02:37 PM
Original message

investing abroad

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With all the news lately about the threats to the dollar, most recently with
Russia considering a switch to the euro for oil trades...

see http://www.blackcommentator.com/60/60_cover_iraq.html

some are suggesting a bigger share of one's portfolio should go into foreign
stocks/ADRs/funds.

my question: how exactly does this offer protection? as a US resident am I
not still buying and selling (ADRs) in $$s? And if IBM does its business abroad
to a large percent, why does that not protect my IBM investment?

sorry for the lame q's, just trying to get some plain english answers...

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-investing abroad	duvinnie	Oct-17-03 02:37 PM	#0
- It works the same way as stocks.	Code_Name_D	Oct-17-03 06:35 PM	#1
- notes	rapier	Oct-17-03 08:01 PM	#2
- PSAFX	Infinite Velocity	Oct-19-03 11:25 AM	#3

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