Weird calculation

@Ducdopamin1 This is currency (FX) risk. When using € to purchase denominated stocks, you're exchanging € for .

During the time you hold an investment, in your case - Netflix, should the $ devalue against €, you’re losing money even if the stock’s going nowhere.

Example:

Day 1: You need $300 to buy Netflix. Let’s say that’s €200 at the “Day 1” exchange rate - 1.5.

Day 7: You decide to sell your Netflix stock which is now worth $310. However, let’s imagine the exchange rate is now 1.75.

  • $310 / 1.75 = €177.14.
  • €177.14 - €200 = -€22.86 even though Netflix has gone up in price. This is because of the $ that you bought to purchase Netflix got depreciated.
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