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MONEY matters

Mark Zaifman's thoughts on money, global economic trends and politics

Dollar Woes

Mark Zaifman   |    Thu, Sep 24, 2009 @ 12:09 PM

U.S. dollar losing value

As our country racks up more and more debt, the U.S. Dollar depreciates further and further. Right now it’s a slow, drip, drip drip. It may be the case; that the dollar gradually heads lower during the next decade. Or, we could see this process accelerate overnight. No one knows for sure.

Over the past few years, I have formed strategic relationships with some key firms that offer well thought out and sound approaches to investing in currencies other than the U.S Dollar. These are firms with excellent reputations and decades of proven performance.

There are many ways to hedge your investment portfolio against the risk of a dollar continuing to depreciate. The sooner you develop a plan on how to counter this risk, the better off you’ll be.

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