Some investors air their concerns about investing in US dollar assets because they have been brainwashed by the prophets of doom and the mainstream media that the USD weakening as a result of higher government debt.
They are so wrong. In the last 10 years, the USD has appreciated against most of the major currencies.
In the last 10 years...
USD has appreciated 65% against the Japanese Yen (JPY)
USD has appreciated 38% against the Indian Rupee (INR)
USD has appreciated 34% against the Australian $ (AUD)
USD has appreciated 31% against the British Pound (GBP)
USD has appreciated 26% against the Euro (EUR)
USD has appreciated 19% against the Chinese Yen (CNY)
USD has appreciated 7.95% against Singapore $ (SGD)
USD appreciated 0.96% against the Swiss Franc (CHF)
If you add this currency gain to the +224% gain in the S&P 500 (including dividends), the returns would be even more massive
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