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Old 05-18-2007, 03:37 PM
DesertCat DesertCat is offline
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Join Date: Aug 2004
Location: Pwned by A-Rod
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Default Re: Where are you investing now? (since markets are high)

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Be aware that a large part of the stock market's gains are illusory. Since the value of the dollar has been falling, assets measured in dollars are now worth more dollars. Measured in gold or euros or a number of other ways, the performance of the stock market over the last few years hasn't been all too stellar.

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This is a very good point and a good argument to overweight your intl. index funds in your portfolio. My only concern is the federal deficit is now getting much smaller, so the devaluation of the dollar might be ending.
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