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comment by mk
mk  ·  3123 days ago  ·  link  ·    ·  parent  ·  post: Doug Kass: A Case For Sitting On Cash In 2016

No, you can invest overseas. Companies and people do it all the time. With ETFs, you don't even have to buy shares on their exchanges, you can have someone do it for you, although with varying costs and degrees of exposure. For example, I am shorting Brazil.

I have a hard time calling any of it investing though, especially derivatives. I guess you can invest in a gambling strategy.





kleinbl00  ·  3122 days ago  ·  link  ·  

You're speculating. That's what we call it: speculation. Not that there's anything wrong with that, but I have no appetite for shorts.

snoodog  ·  3122 days ago  ·  link  ·  

Correct especially with inverse ETFs and foreign currency. There is a triple complexity with inverse speculation that you have to pay both the management fee and the decay cost plus you have currency exposure.