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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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When I buy a Foreign Mutual fund I am buying a basket of stocks that are listed on different Foreign Exchanges. While it has currency implications this is not why U are buying this type of fund. You buying good companies with growth potential and in a sense the health of that countries economy as reflected in their stock market. The REAL thing U are buying is a Diversification of Stock Markets.
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"Some Observer"
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