Replies to post #5059 on VMC SURVEY BOARD (VMSB)

[echos]

DTT, I'm claiming ignorance here.

I'm not the most savvy currency investor, nor do I understand mutual fund expenses. I presently don't own any mutual funds.

EFT to me is Electronic Fund Transfer. Is this what you mean?

Can you please explain for us laymen how to invest in foreign currency?

I'm almost all cash, and I'm really looking to protect against the falling dollar.

[avandalay05]

Echos...
Thanks for the fund...I agree with Death*to...GLD...might be better to look at their holdings and try to replicate them with a few $s...also, would think that a marketbasket of currencies would decline in the asset devaluation I think is somewhat due....ie the Australian $ would also struggle in the face of a global economic downturn...
Art