Ted Bauman takes time to discusses foreign investments in his article “Time Is Running Out to Turbocharge Your Investments”. This article, published on Medium.com, discusses some of the special opportunities that may be coming up for the savvy investor. He explains that the opportunity lies in the strength of U.S currency, specifically the dollar. Currently, the U.S dollar is very strong globally. This is a direct reflection of the economy and most people would be thrilled to hear it. Bauman explains that it can be a bad thing for manufacturers because domestic goods get more expensive to export that foreign ones are to import.
The other problem that Bauman goes into is that the U.S. dollar will drop in international strength very soon. With recent tax cuts, the federal deficit is poised to increase, and this will weaken the U.S. currency. This matters a great deal for foreign investors, but not in the way that they might think. Over the past year, the dollar has weakened against the euro at an alarming rate. This is due in part to the proposed tax cuts mentioned earlier, and other U.S. financial decisions. This means that foreign pricing on stocks and investments will become equal to or more than the dollar when it comes to investing.
This will matter, Bauman, says because investors that get in before the currency weakens are in a prime position to make a lot of money. If they are buying foreign investments while the dollar is strong they are getting more for their money, then when it drops and the investments become more valuable, the investor will have the chance to sell. This will net them more money with very little work on their end. Bauman explains that while the cost of doing business with foreign investors might cost more, the amount of effort that goes into it is worth it. Land, he says, is the best investment for readers that are looking for something with minimal effort. This is a golden opportunity for investors, Bauman warns, and they should not pass it up.
Bauman has been a stable on the financial scene for many years. He is currently an Editorial Director for Banyan Hill Publishing and releases weekly tidbits that are aimed at helping investors get the most out of their money. Bauman has deep financial knowledge. He has done business in over 75 countries, making him an expert in his field.