Weekly Roundup Nov. 2 2018
Among the best stories from Retirement Daily for Oct. 29 - Nov. 2: How currency affects your investments, a key Social Security claiming strategy and the health benefits of aspirin.
Adviser Eric Weigel writes "an investment in a foreign stock or an international index fund is a function of two things: The return in local currency (yen for a Japanese company), and the currency translation into the U.S. dollar (for a Japanese company this would be the change in the yen/USD value). Investors often forget that when the U.S. dollar is strong (appreciating) their investments in international assets will take a hit through currency losses. Conversely, if the U.S. dollar is weak (depreciating) their returns on non-U.S. assets will benefit positively from currency gains."
In his guest column this week, headlined How Currency Moves Can Affect Your Investments, Weigel looks at how currency can be a significant source of returns to your investment strategy.
Should investors just focus on the U.S. market and ignore international markets? The answer is no, no, no, he writes. "International markets offer diversification benefits to an all-U.S. equity portfolio."
And in case you missed them, here are some more great stories this week from Retirement Daily:
Many folks don't know about this claiming strategy and should work with their financial adviser to take advantage of it, if it's right for them.
The latest in the world of retirement-related news: Retirement confidence rates, longevity risk and the mid-term elections.
A wife is entitled to Social Security based on her deceased husband's benefits, but there are restrictions.
The following are new investments that those saving for or living in retirement might consider for their portfolios. This week: An ETF that focuses on augmented and virtual reality.
Jeanette Pavini knows how to plan ahead for enjoyable holidays in a way that will support - not break - your budget.
Adviser Greg Storen details the pros and cons of all the options available when you want to grow and protect your employer retirement plan.
Here are some of the latest reports, surveys, and studies related to retirement, including research into myths about Medicaid, the health effects of aspirin, and an update on Medicare's finances.