The international fund in my 401K seems to be doing very well. But, it puzzles me. I'm puzzled about how currency fluctuations might affect it. If the dollar regains strength, will my international fund automatically decline? When I'm investing now, will I find that I've bought a relatively tiny stake in the foreign companies because the dollar is so low? Is it worth it to invest overseas anyway because there is so much growth potential in developing economies where the people are just now getting a chance to buy things?
I have several telescopes, but none are semi-APO, APO, or in anyway valuable.