Anyone ever do any foreign investing?

I'm looking to invest in some short-term foreign bonds, and can't really find anything on Fidelity. Most of thier stuff is in stocks, which is riskier--I'm looking lower risk. Face it, the US dollar ain't gonna rebound anytime this year, so invetsing oevrseas makes sense since the interest is better, and I won't lose money by a change in the exchange rate (meaning the US dollar will probably lose more ground in the next year).

Any suggestions? Danke, merci, mille grazie and deukuju!

www.vanguard.com

They have some foreign based funds that have been doing really well recently.

They are similar to mutual funds in that they are baskets of stocks or bonds, but they trade on the stock exchanges, so assuming you have a regular brokerage account at Fidelity, you should be able to purchase shares in an ETF (or closed-end fund) as you would a stock.

Try http://www.etfconnect.com for more information. If you select "Find a Fund", and then under the "Closed-End ETF's" drop-down list, select "Fixed Income - Global", you'll find about 40 ETF's to choose from. Not all of them will be purely foreign bonds and not all of them will be short-term bonds, but hopefully you'll find something there that fits your needs if you look through the list.

Other than that, I know very little about bonds, and absolutely nothing about investing in individual bonds, but I've done a little dabbling in ETF's and had some pretty good luck with them.

in the developing world. I enjoy it. Makes me feel like my money is doing something useful inthe world.