When it comes to foreign investments, many people are confused about where to start or when might be a good time. Ted Bauman, author of “Time Is Running Out to Turbocharge Your Investments”, says that now is the best time to put your money into foreign financial markets in a recent article on Medium.com. The reason now is a good time is because the U.S Dollar remains strong internationally, but that might not always be the case. There is going to be a time, perhaps soon, where the U.S Dollar might drop in strength. Investors should take advantage of its strength now and purchase as much foreign stock as they feel they can comfortably buy in preparation for this event.
The fact is that the U.S. Dollar is already declining internationally. With changing taxes and increases in federal debt, the value of the dollar is bound to change. Bauman urges smart investors to take advantage of the price gap now, before the chance to do so passes. As it weakens, international currency may even surpass it and the opportunity will be gone. Bauman explains in the article that in preparation for this, some currencies are beginning to dramatically catch up to the U.S.
Buying low and selling high is the key in the investment handbook. Bauman explains that it is no different when it comes to trading on international markets. The investor must simply pay attention to the value of the U.S. dollar. When it is high it has more power internationally, and they can purchase more. As it drops in strength, then the price for the international investment increases and they can sell it for a profit. Bauman thinks that the easiest one to do this with is forestry land. While it seems like something the investor might have to travel for, there are countries that are set up to accommodate them never having to visit to purchase it. Bauman teases that he will be traveling in the coming months to elaborate on how this type of investment can be carried out.
Bauman has always cared about the people that can benefit from his investment advice. After receiving an advanced degree in Economics, Bauman worked as a fund manager for a program working to provide low-cost housing. He has worked internationally in various positions, gaining an extensive amount of knowledge in his field. Bauman continues to contribute to the financial world as an Editorial Director for Banyan Hill Publishing through weekly publications.