Jupiter, FL (PRWEB) October 17, 2007
The falling U.S. dollar is the number one worry of U.S. investors, according to an investor survey conducted by Weiss Research's MoneyandMarkets.com.
Among more than 2,325 investors voluntarily responding to the recent poll, 43 percent ranked the dollar decline as their single most serious concern. The fear of a recession or depression was a distant second, cited as a primary concern by only 20.8 percent of the respondents. Ranked third and fourth were terrorist threats, wars or future geopolitical crises (10.5 percent) and inflation (10.2 percent).
The following is a summary of all responses received:
What is the single most serious concern facing investors today?
The declining US dollar 43.1%
A recession or depression 20.8%
Terrorist threats, wars or future geopolitical crises 10.4%
The mortgage and housing crisis 8.1%
A stock market crash or bear market 7.6%
"The dollar has been declining steadily against most major currencies for over five years, with the Dollar Index recently falling to its lowest level of all time," commented Martin D. Weiss, Ph.D., president of Weiss Research. "So it should come as no surprise that investors are worried about it. Many appear to recognize the long-term consequences of a falling dollar on stocks, bonds, and real estate as well as the economic impact on our country as a whole."
For protection, Weiss recommends investors consider strong foreign currencies, natural resources and other assets that go up when the dollar falls. "Years ago," Weiss added, "it was difficult for average investors to buy foreign currencies or natural resources. Now, however, they are readily available through exchange-traded funds and other easy-to-trade instruments."
MoneyandMarkets.com, which provides daily analysis and updates on investment markets, is published by Weiss Research, Inc., founded in 1971 and dedicated to providing information and tools to help investors make sounder financial decisions.