Market continues to crash

hwarzoner

hwarzoner

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hey guys current exchange rate is USD1 = SGD1.28, for those buying US stocks do u consider exchange rate too if imagine usd 1 = SGD 1? and not to mention if shares drop?
 
Mecisteus

Mecisteus

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hwarzoner said:
hey guys current exchange rate is USD1 = SGD1.28, for those buying US stocks do u consider exchange rate too if imagine usd 1 = SGD 1? and not to mention if shares drop?
Click to expand...
Good to consider FX risk especially when investing in foreign assets.

US stocks is an exception compared to the other foreign assets.

If you look at the DXY index, it is relatively sideways for decades. That means, USD can go up and go down within years. There is no clear down or uptrend in the longer term.

Regardless, US stocks are likely to outperform in SGD terms base on historical records.

https://www.marketwatch.com/investing/index/dxy
 
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weng0202

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hwarzoner said:
hey guys current exchange rate is USD1 = SGD1.28, for those buying US stocks do u consider exchange rate too if imagine usd 1 = SGD 1? and not to mention if shares drop?
Click to expand...
It will a long time for that to happen. Decades probably.
 
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