Re: foreign bond fund
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There is additional risk associated with foreign bonds because you have to factor in the exchange rate. The US dollar is very low against the euro. To calculate the foreign bond rate you will need to make a guess at what the dollar will do for the term of the bond.
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That's kind of the point tho right? If all these people squawking about the coming demise of the dollar are right, then foreign bond funds are a fantastic place to be?
I guess the next question would be, how likely to you all think it is that the dollar will melt down the way some these economists are claiming it will?
natedogg
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