Posts Tagged The United States Dollar
“Dollar” Cost Average Into Competing Currencies
Posted by blodmell in Investment Advisory on August 29th, 2009
Firstly, in our approach to dollar cost average or pound or Euro cost average does not mean one blindly buys any asset on an automatic withdrawal like a paycheck deduction for a retirement plan. It does mean that you are slowly buying into to stock and also currencies in a planned manner over several years with a special focus on dips. A dip is anytime the price of the asset you are purchasing is lower than your average price per share or currency unit. We consider buying on dips. Since CR Capital Advisors advocates diversifying away from US dollar that does not mean sell every dollar and buy Euro but it does mean begin diversifying slowly into several other currencies or “dollar” cost average into competing currencies. One other quite unusual approach is that CR Capital Advisors monitors the purchasing power of these currencies in their respective countries, especially if we are buying currencies that are not “hard” currencies. In other words, if one had to spend the money what is the purchasing power in that economy. The most important benchmark for that spending power is real estate. This kind of thinking serves as a hedge and allows or clients to see currency as not just an investment but buying power. A fantastic example is the Euro vs The Brazilian Real or even more striking is the Euro vs the Argentine Peso.
This bill costs 715 US Dollars
The United States Balance Sheet Speaks Louder than Words
Posted by blodmell in Uncategorized on August 28th, 2009
A friend forwarded me this impressive web site. A household has balance sheet (assets and liability), so does a company (income and expenses) and so does a nation state. http://www.usdebtclock.org/
Please take a look at this site and recall our past posts about the inevitable “melting” of the dollars purchasing power.
www.crinvestmentadvisors.com
International Wealth Managament
The Clock is Ticking and Time is Running Out
http://www.usdebtclock.org/
A Special Thought for Our United States Investors About the US Dollar
Posted by blodmell in Uncategorized on August 19th, 2009
CR Capital Advisors has the perspective of a “birds eye view” because we work with so many different stock exchanges on behalf of so many different kinds of investors from so many different countries. Therefore, we also learn about proclivities and even prejudices about investing. In other words, we work to educate clients when those attitudes are not in their financial interest as stewards of wealth. Our folk from the United States, and especially those among us who are in the 60s and older, seem to have an intrinsic faith in the US dollar. They are often focused on investing in the United States and their vision of investment stability is in dollar denominated assets. When we encourage them to diversify away from the US dollar and dollar denominated assets it seems counter intuitive to them. Once again, consider Warren Buffets commentary yesterday from the New York Times about the prospects for the US dollars purchasing power. www.crinvestmentadvisors.com True Wealth Management is independent fee based advice and managed accounts.
http://www.nytimes.com/2009/08/19/opinion/19buffett.html?scp=3&sq=buffett&st=cse
Yes We Can Diversify Away From the US Dollar
A Special Thought For Our Latin American Investors About the US Dollar
Posted by blodmell in Uncategorized on August 19th, 2009
CR Capital Advisors has the perspective of a “birds eye view” because we work with so many different stock exchanges on behalf of so many different kinds of investors from so many different countries. Therefore, we also learn about proclivities and even prejudices about investing. In other words, we work to educate clients when those attitudes are not in their financial interest as stewards of wealth. Our Latin folk, and especially those among us who are in the 60s and older, seem to have an intrinsic faith in the US dollar. They are often focused on investing in the United States and their vision of investment stability is in dollar denominated assets. When we encourage them to diversify away from the US dollar and dollar denominated assets it seems counter intuitive to them. Once again, consider Warren Buffets commentary yesterday from the New York Times about the prospects for the US dollars purchasing power.
http://www.nytimes.com/2009/08/19/opinion/19buffett.html?scp=3&sq=buffett&st=cse
Melting Dollars
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