Quote:
| invest in overseas markets hoping they fare better than my own countries.
with what little money i have leftover. |
i would withdrawal that as quickily as freaking possible.
let me explain. the obama administration realizes how worthless the dollar is right now in comparison to other currencies. they're going to fix that. now what's going to happen is your overseas markets will probably yield you some return, however it's going to be in the euro, or some other system. So when you cash out on your investments it's going to be converted from the euro back to the dollar, and with the change in the dollar's worth, you have no gain. likely even a loss. if you want to invest, i'd recommend an etf; energy isn't a bad idea. if i had to recommend one, it'd probably be pbw. if you want to invest in a specific company, sunpower (spwra) and fslr are my two recommendations. be careful though, this new boom is going to cause a lot of crappy companies to look like hot growth picks when they're actually just duds.
I spend my money on girls, booze and toys. And I spend it far too quickly.