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Guggenheim S&P Global Water ETF Message Board

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  • hummingbirdair hummingbirdair Oct 27, 2004 1:36 PM Flag

    neb2K..........mor-on 'wheels'.......ot

    interesting perspective Stehan,,as a long termer,as long as the march occurs I'll be happy. I have invested a little more than my target as its one of the few ways to get a currency hedge for a retail investor.
    To give you an idea on currency impact:

    bought US home @492.000 $@1.22 to GBP
    5 years later house valued at 725,000, $ at 1.81 to GBP

    bought UK home for 195.000GBP gbp 1.29 to dollar
    3 1/2 years later valued at 425,000GBP and $ @1.81 to GBP... it makes one heck of a difference in real life !

 
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