01-13-2021, 07:01 PM
Stronger AUD and investing in US equities
<!-- SC_OFF --><div class="md"><p>Assuming the Australian Dollar continues its current trend of increasing in value relative to the USD, would a good play be to continuously convert AUD to USD in order to buy US equities. Assuming the USD will recover in the long term 5~ years you could liquidate your equities for USD then convert the USD back to AUD.</p> <p>Doing this means you would benefit from conversion rates but also investing in the US during a period of inflating equity prices. </p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/CIassik"> /u/CIassik </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/kwcexg/stronger_aud_and_investing_in_us_equities/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/kwcexg/stronger_aud_and_investing_in_us_equities/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Assuming the Australian Dollar continues its current trend of increasing in value relative to the USD, would a good play be to continuously convert AUD to USD in order to buy US equities. Assuming the USD will recover in the long term 5~ years you could liquidate your equities for USD then convert the USD back to AUD.</p> <p>Doing this means you would benefit from conversion rates but also investing in the US during a period of inflating equity prices. </p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/CIassik"> /u/CIassik </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/kwcexg/stronger_aud_and_investing_in_us_equities/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/kwcexg/stronger_aud_and_investing_in_us_equities/">[comments]</a></span>Kind Regards R