Re: US Dollar Index
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Assuming I decide to convert some extra $$$ into euros, what is the best way to go about doing this? Should I be signing up with some forex thing or just take 50k down to the bank and ask them to convert it? Also, is there an easy way for Americans to buy stocks with euros through a site like Vanguard?
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Even if Vanguard international funds give you the stock price in USD, that isn't accurate. The stocks they hold are denominated in EUR, GBP, JPY, or whatever the country currency is. The price they give you on the site is the converted USD value. Basically, international funds you own are already in another currency. You probably own more non-USD currencies than you think.
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