I think my one of my best investments was when I invested in international bonds way back when the the dollar was strong (as now). I cashed in when the dollar had dropped significantly and made a good return with a combination of the actual investment return and the drop in the value of the dollar.
Now, with the dollar probably at all time highs against a number of foreign currencies, has anyone taking advantage of this - international bonds, shares etc in the U.S. or Europe....?
One thing I don't know much about is how currency hedging works - I guess I'm thinking of international bond or share funds that have hedging. Does hedging take away any potential gains that could be made when or if our dollar drops?
Thanks for any replies.
Tim