by spring 2010 this will be in the high 20s ($26-$29).
good luck
Well looks like Greece got in the way. Maybe next year. GLL
Ken
and BP, among others - dragging
lol - like I believe anyone on any of these message boards.
You can definitely believe ME, and what I say is I have no idea what will happen over the short run but long term it is smart to have at least 15% or more of one's portfolio in foreign funds or individual stocks. Is this fund better that DODFX or PRIDX...just compare their 1,3 and 5 year graphs and fees and draw your own conclusions. GLL
Ken
Widely diversified with emerging market exposure and low cost. This is a good solid fund. It is one of the options in my 401K, which thankfully is with Vanguard. Been sitting on some cash, I added a bit today at $13.00 or so, whereever it finishes. Seems like a decent entry point to add a few bucks.
I don't have the balls to dump 50K in any one move. Added 3K to it today. Keeping some powder dry in case the market really does decide to revisit Dow 8K again.
I agree with the prior posts about diversifying away from US stocks. I am holding a some gold via GDX and GDXJ also. Wild children these are. Oh well. The thesis that paper money is toast is long term valid I think.
It will? How do you know/what makes you so sure?
Thanks.
It will absolutely without a doubt go up to the expected amount just based on the potential of this fund. Its broad based, wide-ranged, spread out securities within the fun are most, if not all, safe-bet international companies.
Also, with the declining dollar expected to occur in the future, you will be making more off your current dollars due to the exchange rates. This fund is one hell of investment to put your money into, and should be the driving force to allow a prosperous retirement. Im only 22 (almost 23) and Im smart enough to know to invest in this. However, this is a fairly risky investment because we dont know if the declining dollar will actually affect the companies contained in the fund. But for investors my age, we got nothing but time.
Thanks everyone and good luck!
Hope so. Just bought $50K at 14.25. Look forward to some intelligent posts on this board. Most Yahoo boards are useless but some get thoughtful analysis and polite discussions. GLL
Ken
Just did some simple calculations and realize that I am up 8.3% after just about exactly one year. There are certainly much worse outcomes and I expect the coming 12 months to be better than the last 12 months. GLL
Ken