Saturday, May 19, 2007

More on the falling dollar

For those of you interested in the value of the dollar, here's a good post on the Big Picture blog. I find the continuing fall of the dollar a very interesting story and relevant to long term investing. Problem is I really don't know what to do about it other than invest in export oriented companies, international companies/stocks, or actually convert dollar denominated cash into other currencies. There are some currency ETFs out there also (here's a good story with links), but I'd rather get my assets into productive assets/equities rather than buy into the increasing spread between the dollar and other world currencies.

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