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Reply #5: The US markets are the safest in the world [View All]

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gravity Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-10-08 09:03 PM
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5. The US markets are the safest in the world
If you want to buy foreign companies listed on the NYSE or NASDAQ, they are as safe as anywhere else in the world. They are probably safer, since the US has some of the best accounting standards out of anywhere. There is a reason why so many foreign entities want to place their money in the US.

If a business does much of its business overseas, while the dollar is falling, it will bring in more money in terms of dollars. This will cancel out most of the effects of inflation.

Now for investment advice. Take everything in newsletters with a grain of salt. You will probably do better if you ignore them all together.
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