poggi

Quantitative Wheezing: The Difficult Search for Yield

While I understand, appreciate and agree with your claim that retirees investing in US securities will "suffer" dollar devaluation; however, so what? Most retirees are not globe trotters; and, if they discipline their purchasing habits, they can live "on the US economy" for the most part. Secondly, how many retirees or their financial advisors are capable of constructing a currency-hedged, low-risk investment portfolio?

What did investors/savers ever do before we had interactive, up-to-the-second exchange rates and access to financial writers who have time to muse and write about these things? Oh, I remember. We simply lived our lives in a much less complicated way.