Currency risk arises from exchange rate moves between pairs of currencies. If you have investments or assets in a foreign country with a different currency, you face currency risk, unless the foreign currency is pegged to your domestic currency or your exposure is hedged. A simple example shows how currency risk affects your returns. Suppose [...]
2013
Why it might be time to rename ‘dumb money’ the smart money, and for the smart money to get new jobs. Plus the week’s other reads.
Research suggests a blend of level annuities and equities is the best asset allocation for a retiree, but an escalating annuity offers more security.
How bad could things get in retirement — and how good could it go? Two UK bloggers add their two pence, plus other good reads.