SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : EWJ : ISHARES MSCI JAPAN INDEX FD (AMEX)
EWJ 83.200.0%Oct 30 4:00 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Clappy who wrote (20)3/14/2007 3:50:53 PM
From: OldAIMGuy  Read Replies (1) of 25
 
Hi INI, I am glad to see another of the non-U.S. ETFs being explored here on SI.

I've been using EWJ since late in 2004 for some international flavor and it's done pretty well.



I hedged the initial position with some surplus cash in case my guess about the eventual direction of the fund was wrong. While I've not been able to use it to buy more shares since starting, I have been able to sell off small amounts of EWJ along the way and profitably build up the cash reserve for the future.

Last year the price/share fell almost far enough to trip my first buy back of some shares. I keep a pretty strict set of buys and sells with such holdings. Even with the drop in price last week it is still closer to my "next sell" price than a buy.

I also own EWW, EPP and EWG. Eventually I'd like to fill in some other gaps globally. All of these ETFs have made for far easier diversification overseas than before they came to market.

Best regards,
Tom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext