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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (23791)	8/17/2006 1:47:26 AM
From: E_K_S	Read Replies (1) \| Respond to of 42834

What's your take on the dollar and does it fit w/ Brinker's long term view? EKS

To: Kirk © who wrote (23791)	8/17/2006 1:17:36 PM
From: fahrenheit451	Read Replies (1) \| Respond to of 42834

Kirk >>>I have not heard him speak of the dollar on the radio or newsletter. I have heard several callers to Moneytalk bring up the issue of the dollar. One caller said she was worried about the dollar falling and wanted to know what to do to protect herself. Brinker ask her if all of her expenses were in dollars. She said yes and he told her it wouldn't be a problem if the dollar fell and she should not worry about it. I was floored by his answer. The future value of the dollar to other foreign currencies is important with respect to how I invest. If I feel the dollar will fall I look for foreign stocks that pay good dividends. Two stocks that I own based on this are Lloyds Bank in England and the Royal Bank of Canada. It is hard for me to see how someone who is so naive about currency fluctuations can claim to be an expert on investing. Right now I own quite a lot of Canadian stocks. I expect the Canadian dollar will reach parody with the US dollar in a few years and that is just one of the reasons I continue to hold these stocks. Based on Brinker's remarks to callers he doesn't seem to care very much whether the dollar rises or falls. His attitude doesn't make any sense to me.