Kangaroos

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Definition of 'Kangaroos'

Kangaroos are a type of marsupial that are found in Australia. They are known for their hopping ability and their long tails. Kangaroos are also a popular tourist attraction in Australia.

In the financial world, kangaroos are a type of investment that is designed to hedge against inflation. Kangaroos are typically invested in Australian dollars and are used to protect against the depreciation of the U.S. dollar.

There are a few different ways to invest in kangaroos. One way is to buy Australian dollar-denominated bonds. Another way is to buy shares of Australian companies.

Kangaroos can be a good investment for investors who are looking to protect their portfolios against inflation. However, it is important to note that kangaroos are not without risk. There is always the risk that the Australian dollar could depreciate against the U.S. dollar.

Overall, kangaroos can be a good investment for investors who are looking for a way to hedge against inflation. However, it is important to do your research before investing in kangaroos.

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