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Seems like a version of this: http://en.wikipedia.org/wiki/Equity_home_bias_puzzle http://en.wikipedia.org/wiki/Equity_home_bias_puzzle I don't know why US sa
by artsrc 16y ago
Seems like a version of this:
http://en.wikipedia.org/wiki/Equity_home_bias_puzzle http://en.wikipedia.org/wiki/Equity_home_bias_puzzle
I don't know why US savers don't invest in Australian dollar accounts either. They pay about 6 times as much as US term deposits.
http://www.infochoice.com.au/banking/savings-account/term-deposit-interest-rates.aspx http://www.infochoice.com.au/banking/savings-account/term-de...
- codexon 16y agoI just checked two of those term deposits and they both require Australian residency. Can I get one of those without living in Australia?
- artsrc 16y agoIn Australia HSBC offers foreign currency bank accounts, but I can't see that on the US site. I work for a fund manager not a bank. Would an ETF for high yield, first world, countries fixed income products work? http://us.ishares.com/product_info/fund/index/FI.htm http://us.ishares.com/product_info/fund/index/FI.htm