Are there any to invest in that protect the dollar ! thanks for your kind response!

 

  • muncie birder 9:42 pm on August 31, 2010

    I assume that you mean protect your dollars from the fact that the dollar is becoming more akin to toilet paper every day. There are no for sure mutual funds that are fool proof, but there are a couple of possibilities that you might wish to consider. One would be a mutual fund that invests in hard assets. They tend to be at least somewhat immune to the falling value of the dollar. Possibilities include Wisdom Tree International Energy Sector Fund–DKA 32% return ytd.; Ishares S&P Global Materials Index Fund–MXI 46% return ytd;

    Or you could just invest in a mutual fund that does not invest in U S companies. Perhaps Ishares MSCI EAFE Index Fund–EFA 17.6% return ytd.

    Another possibility is to invest in a mutual fund that invests in debt instruments of foreign governments. GIM is such a fund. Current return is 5.36% on interest. 10 year average annual return is 11.3%.

    A more aggresive tactic would be to invest in a mutual fund that invests in Chinese companies. One is CHN. ytd return 58%.

  • Greg S 9:42 pm on August 31, 2010

    Not sure what you mean, please clarify.

  • Barney 9:42 pm on August 31, 2010

    Did you know that 80% of mutual funds under perform the market?