Last week I pulled 50% of our portfolio out of the funds and stocks we were in, and put it into European and Asian investments. In three days, the spread between what I had before and what I changed to was already $5000. My American investments have taken a turn upward now, but the spread is still broadening in favor of the foreign investments. I may go 100% Euro-Asian, but so far what's left of my patriotism keeps me from it. I think at some point I'm going to have to put my family first, and hold on to our future. I just don't know what that point is, or how much I want to lose before making that final switch. If this current upturn does not last, I'm may to have to do it. I really am afraid that the dollar is going to tank. I've watched the value of some funds drop 30% in four months, with no sign of letting up. The Euro-Asian funds have been the highest performing (by a long shot) available in our annuities and IRA's, and that's been consistent for most of the past 10 years. Now it's ridiculously better. <br><br>At any time in the past, drops like this spelled value for me. That means we could acquire more units per purchasing dollar. This time I'm afraid that there may be no rebound, or it may be significantly delayed, and our losses may be difficult to recover from. <br><br>What are you guys doing? Are you staying the course so that your purchased units can grow more rapidly? Or are you switching to funds with dramatically more valuable growth percentages? Do you think the dollar is going to hold its own? If so, why? How can the dollar keep any value when we've essentially counterfeited several trillion? Do the old ways of accounting simply no longer matter? Can we now mint unlimited amounts of dollars in the form of interest bearing debts, and not adversely affect the value of existing dollars? Unless we're living in an Alice-Through-The-Looking-Glass world, it HAS to make a difference. Only in a world where a king says "the dollar shall remain the most valuable coin in the realm!" can that happen, and in spite of Dubya's unlimited dictatorial powers, that's one he still can't be the master of. Why? Because value is ALWAYS in relation to something else. Value is a relative measurement. <br><br>Let's say there are 100 popsickle sticks in the world, and no chance that anyone will ever make another, and you are using them to measure the value of blue feathers, the mode of currency world-wide. Someone breeds a flock of birds -- a whole plantation of birds -- that shed blue feathers 10 times a year. There are piles and piles and piles of blue feathers. Mountains of them. But at any time, they are all together worth 100 popsickle sticks, for that is a value that cannot change. There will never be another popsickle stick made. Ever. (all the trees were cut down to make room for blue-feathered bird plantations.) A king could say that each feather is worth a popsickle stick, but people would know that it's not true. They may maintain the ruse for a generation, but some day the reckoning would come. <br><br>Anyway... I'd really like to know how you all are managing your investments. I feel completely inadequate to be doing this, and I would not make a change but for this fear that the reckoning of blue feathers to popsickle sticks is near!
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