Anyone investing in the euro?

[trof]

Is it too late?
Or will the $ go even lower?

I found a bank
https://www.everbank.com/
where you can by CDs denominated in euros.
Any opinions?
Thanks

[crispini]

1. I was thinking about this myself.

Possibly through this fund:

http://www.merkfund.com/

I already have an index fund and a small cap fund. Was wondering if this would be a good way to diversify?

[A HERETIC I AM]

2. Did you look through that website thoroughly?

It is a fairly new fund - so new that Morningstar has not rated it yet.
http://quicktake.morningstar.com/FundNet/RatingsAndRisk.aspx?Country=USA&Symbol=MERKX

Pretty good returns so far though. 15.65% YTD.

Kind of expensive to own. Total expense ratio of 1.30%

It would definitely be a way to diversify, but you should carefully read the prospectus. They are not only investing in hard currencies but ETF's and Futures as well.

http://www.merkfund.com/fund/prospectus/index.html

[crispini]

3. Thanks for the good advice!

:hi: Yes, I'll definitely look into all of this more closely before actually putting any real money out. :)