socialmedian: Audio: This currency play is chump change

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Audio: This currency play is chump change

Source: Wall Street Journal

Oct 30, 2009

Summary

While investors may fear the falling dollar, picking a currency fund to try to profit from its weakness is a redundant strategy for an average investor. If they have foreign stock or bond funds, chances are they have their currency play. Making things worse would be taking on a bad currency fund, like Morgan Stanley FX Alpha Plus Chuck Jaffe's Stupid Investment of the Week.