Registered: Jun 2011
08-12-12 04:22 PM
well, this day and age, it's hard to be responsible without having some kind of currency component in a portfolio. When I sold the bonds and started trading forex, I realized that money in cash (USD) was not just sitting there. It moves everyday. It's like having a scoreboard that constantly changes no matter who scores the point. So if 1. is based in EUR and 2. is based in USD, before they actully know who made 6% they will also need to know what EUR/USD did. Making 6% a year is better than nothing, but it doesn't really mean much if the base currency is also going down 6% a year.
Quote from tradekilla:
no no just looking for different answers.. didnt say there is a right answer
ok, I'll let it go, hope you get some better replies.