This is my question for all the investors in this thread:
Inflation is on the rise and the devaluation of the dollar makes me hesitant to throw any money at the market.
Even with a potential to make money when the market is at it's peak right now, won't we all lose out on gains due to this devaluation?
I'm thinking about allocating my funds to another currency depending on the success of that foreign economy, but there lies the risk of that currency following the same suit of the dollar if the successes/failures of the US economy influence it.
I'm also thinking about investing in a foreign market (take Samsung for example [not Samsung Electronics], only traded on the Korean market/British market), but US brokers charge an arm and a leg for foreign transactions.
Well, IMO the markets are very overvalued. We're nearing all time highs yet the economy is not at all what it was in the late 90's when the markets were at these levels.
And inflation isn't as bad as most people think. But, I do think we'll see a period of deflation soon in which the USD will gain value and commodities will lose value (especially Gold).
As far as investing in foreign markets, be very careful. At the moment the U.S. has the strongest outlook IMO. Australia is second best. But Asia and Europe are bad investments right now. Europe is obviously in a recession and countries like China and Japan have warned of soft patches in their economy and slower growth coming. However the U.S. is actually bouncing back a bit, and Australia so far has been doing well.