Howdy folks,
I want to continue to hedge against the dollar in various ways. In my case, we don't need to talk about precious metals but rather hedging the bond and equity portion of my allocation.
I'm at Price and already have moved some monies to PRELX. Looking for others to complement. Saw both FXE and FXC which are hedged into Euros and Loonies, resp.
Looking for suggestions, thanks.
and so it goes,
peace and wear the damn mask,
rono
Comments
Be glad that you didn't purchase back in 2011 when this fund evolved !
Stay Safe, Derf
Derf. Perhaps it will be a short term play. Right now, we seem to be doing all the wrong things in response to the virus. Throw in the political uncertainty and I want to hedge my entire portfolio away from the dollar. Most of the rest of the world is managing the virus and the associated economic destruction so much better than us. Alas.
As for timing, feh. I'm not trying to time anything - just respond to the macro economic fundamentals.
rono