Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (59577)	5/18/1999 9:56:00 AM
From: Knighty Tin	Respond to of 132070

Howard, I like First Australia Prime, but we are talking about a different animal from the preferreds and US bonds. I think the Aussie buck is cheap vs. the dollar and some money can be made in this one. They do have a fairly pricey mgt. fee for an income fund, but almost all the foreign ones do. They have averaged 2 1/2% for the last five years, while the US buck has gone bonkers on the upside, but 7 1/2% over 10 years. That makes me think they are due for a spate of outperformance. I also do not like the US dollar with our trade deficit and consumer and corporate debt all tilting at or near all time highs.