Thank you for your thanks! Here are what
some of our readers are thankful for. Thank you for each
“Dear Gary, I am thankful for your
e-mails every day! I am a novice investor and I am appreciative
of all the information I can get. What has me worried at
the moment is your take on the dollar going down, it worries
me because living in England I have a lot of my portfolio
invested in American dollars. The majority is invested
in Energy with the remaining in a Water ETF. Should I be
looking to reduce my exposure? Many thanks, Patrick”
Here is my reply.
Patrick, Thanks for asking. You should
review this with your financial planner who will know your
overall position and goals but equities in products such
as energy and water are somewhat protected from the dollar’s
fall. The dollar will fall but prices of water and energy
will rise. Let me give you two examples the first being
water. We have looked at numerous water investments traded
on the NYSE in messages this past year. Here are the companies.
In the last year the share price is up 47.7%.
This share price has risen over 40% in
the last year as well.
Water investments make sense in times
of inflation because water is essential. People will cut
out vacations. People will cut back on buying new clothes.
People will cut back on expanding their house or buying
a new car. But they will not stop bathing and drinking
Equities as a whole are protected against
inflation. Equities in essential commodities are even more
Learn more about fighting inflation
by investing in emerging currencies, gold, silver, Ecuador,
import-export, overseas markets and more. Join Merri,
Thomas Fischer from Jyske Bank Copenhagen and Steve Marchant
from Ecuador and me at our September 15-16-17, 2006 International
Business and Investing Made EZ course in North Carolina.
Review where to invest and do business now and learn
which markets and currencies may be strong in the year
ahead. Learn more about Ecuador import and export from
Steve. Our May course was overbooked and the September
course is filling up quickly. Our free accommodations
here on the farm are reserved on a first come first served
basis so do not delay! Go to garyascott.com/catalog/ibeznc.html
us for R & R in Ecuador.