In the article “Time Is Running Out to Turbocharge Your Investments”, posted on Medium.com, author Ted Bauman discusses exciting foreign investment opportunities that his readers might be missing if they don’t act quickly. He explains that currently, the U.S Dollar remains a very strong currency in the international financial world. This is generally a good thing because the strength of the U.S Dollar says a lot about the state of the U.S. economy and global position, but there are downsides to this. Bauman also takes the time to point out that because the dollar is so strong, it is cheaper to import goods and more expensive to export them. In Bauman’s book, the strength of the U.S Dollar is a double-edged sword.
The strength of the U.S Dollar is poised, however, to lose some of its international value. The reason for this is because of a recent tax cut that will result is a federal deficit to the tune of $1.5 trillion dollars. Bauman explains that this is something that is already happening. In expectations of a weakening, the Euro has gained traction against the U.S Dollar over the past year. This is just one of the many international currencies that could surpass the U.S.
Bauman explains that if you buy into foreign markets now, or before this, that you are set up to make a large amount of money. As these currencies equalize it makes the prices of purchasing things internationally higher, so selling them will also net the investor more as well. Therefore, the weakening of the U.S. dollar can pay off for an international investor in droves if they have placed their money in the right markets. Bauman explains that while there is added the cost of doing business internationally, the rewards are there. He recommends land as a very stable alternative to investing in other markets. He explains that land that can be used for forestry is a great opportunity for expansion of a financial portfolio.
Currently, Ted Bauman is an Editorial Director for Banyan Hill Publishing. After receiving advanced degrees in Economics and History, Bauman went out into the financial world with a bang. While he did work on the financial side, a lot of his work was benevolent and touched many. Bauman relies on his years of experience in the financial industry to guide him, providing his readers with information they can take all the way to the bank.