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Because stock market gains can't keep up with the lose of the dollars value? Assuming that you bought your stocks using Euros or some other currency?
by mrweasel 1y ago
Because stock market gains can't keep up with the lose of the dollars value? Assuming that you bought your stocks using Euros or some other currency?
- rsynnott 1y agoYeah, that's what they mean. Here's a euro-denominated S&P500 ETF: https://finance.yahoo.com/quote/CSPX.AS/ https://finance.yahoo.com/quote/CSPX.AS/ and a USD denominated one: https://finance.yahoo.com/quote/SPY/ https://finance.yahoo.com/quote/SPY/ Have a look at the 1 year view. Note the fairly dramatic difference.
- CalRobert 1y agoIf only it were easier to buy etfs that aren’t PFIC’s