But what about currency risk?

If you live outside of the USA, the world’s largest financial market, investing in a globally diversified portfolio means you are getting significant exposure to foreign currency, typically USD. This means that changes in exchange rates between currencies will affect your returns. Should you expose yourself to these risks? Should you buy ETFs hedged to […]

My recommendations for bond ETFs

The Vanguard Total Bond Market ETF (BND) and Vanguard’s Intermediate-Term Bond ETF (BIV) are often recommended in personal finance literature as reasonable options for bond ETFs. What would be the comparable choices available for European investors? Similarly to my recommendations for equity funds, I think these suggestions may be useful for many investors but they […]