SHould I Dive out of International Funds? DODFXSubmitted by yuengling on Fri, 10/10/2008 - 14:08
This mutual fund is denominated in dollars in my account but it is a foriegn stock mutual fund?
Schiff always says don't have anything denominated in dollars but if the companies are foreign their making their money in their currency not dollars. The money is only getting converted back into dollars after the fact.
Should americans not even be in foriegn mutual funds that you can buy with dollars?
I'll check again but the minute you try to buy stocks in foreign currencies the list seems to diminish