“One is that they claim there are opportunities out there that are too good to pass up.”
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“Over the long term, currency fluctuations tend to balance themselves out.”
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“This decision does not require shareholder approval. The funds board of directors can simply decide to hold an offering.”
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“Its always a mistake to chase after a hot market. But its important to own international funds.”
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“Many of the most innovative companies are internationally based. That includes most of the leading cellular-phone makers and the best-performing auto companies.”
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“Its hard to predict what any market will do, but particularly Japan, which has had several false starts in the past years. Japan could continue to ride from here, but it is not guaranteed.”
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