Cover from FX Change

📊 Investing
1

Hello guys, this is a question for those people who invest for the long term in stock with a different currency respect your state’s one.

How do you cover from the FX change in the long term?
Especially now that Central Banks (FED in particular) are printing so much.

Thanks guys :grinning:.

2

You could trade Forex in the other direction, average your purchase of stocks over time to average the trend or you could open an account in the local currency (which may be the most difficult).

Probably good to point out I haven’t done any of these and I’m down -7.5% on the GBP gaining against the USD this year but those are the options I’d consider to mitigate.