News for hackers. Stuff that matters.
Re:Investing for Geeks by cesarbs on Friday September 16, 2016 @02:53PM (#12516373)
What I meant was that he recommends that the average investor should invest in the S&P 500 or total US market only. He doesn't seem to think people should invest their money abroad.
Re:Investing for Geeks by loeg on Friday September 16, 2016 @02:57PM (#12516416)
There's a decent argument that American companies are multinational and therefore already exposed to foreign markets. I don't subscribe to that, but it's not totally unfounded.
Re:Investing for Geeks by walshemj on Friday September 16, 2016 @05:59PM (#12517666)
That strategy would have lost out in the rise in uk stocks due to the drop in the pound
Re:Investing for Geeks by laurencerowe on Saturday September 17, 2016 @02:45PM (#12521799)
That rise only exists when you look at the ftse denominated in GBP not USD.
Re:Investing for Geeks by walshemj on Sunday September 18, 2016 @08:38AM (#12525046)
A lot of the FTSE 100 companies do look at how RDSB (Shell) Oil is denominated in $