Quote:
Originally posted by chodadog@Apr 26 2004, 08:00 AM
But i mean, it would be fairly low risk, yeah? Even if the Australian dollar drops 50%, you're still going to be coming out with at least 2.5% or so, right? Pretty nice safety net, if you ask me.
I don't know shit about investing. Just making conversation and looking for some educated feedback.
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if OZ dollar drops 50% and you earned 6% you gonna lose 47% of your investment....
if OZ dollar drops 50% and you earn 100% on your OZ investment you STILL gonna lose 30% of your investment due to...income taxes
;-))))
this is reality US investor faces investing in foreign markets
;-)))