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To: Perspective who wrote (33882)3/10/2002 7:34:55 PM
From: sun-tzu  Respond to of 209892
 
Again, I'm not saying hold foreign currency. But, does it make sense to hold a US bond paying 5%/year when the currency is being diluted at a rate of 20%/year? I am saying buy foreign bonds in the native currency. Get the 5% coupon, in a currency that means something, not our confetti greenbacks.

that makes good sense. like i said, i don't know enough about foreign assets to make that connection. great thought process that sounds like a winner. well done.



To: Perspective who wrote (33882)3/10/2002 8:04:22 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Great argument. Thanks folks.