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GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: elmatador who wrote (44667)1/4/2009 3:53:36 AM
From: dybdahl  Read Replies (2) of 217576
 
There are 2 parameters for investments: Return and conditions.

The return may be greater in another country, but the conditions can be harder to understand. Does that other country expect unrest? Do they inflate? Do they really check that Madoff guy well? If you're not sure about that, a risk premium is applied, which favors your home market, which you understand better.
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