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Cake day: June 6th, 2023

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  • isosphere@beehaw.orgto196@lemmy.blahaj.zoneJust like a business rule
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    3 hours ago

    if you have a brokerage account, you may be able to sell USD for your target currency in it. you could do this slowly over time.

    if you can’t do that, you might be able to buy an ETF that tracks your target country’s stock market, but some of these are “currency hedged” and in this case you wouldn’t want that. the ETF would have a fee (MER) that is worth looking up. 1% is high.

    tl;dr: it sounds like you want to hedge currency risk and there are products for that, but it requires a brokerage account and some decipline, ymmv


  • i’ve been too plugged-in to trump news. i’ve banned myself from my primary source of that unhappy chaos, and will get it from a news outlet instead which is much slower and less ragey

    i’ve gotten into audiobooks again, and that has done a lot to lift my spirits. i’ve plowed through the lord of the rings and am now listening to the silmarillion. i’ve found the silmarillion difficult to read, but much more accessible as an audiobook - and it’s giving me a deeper appreciation of the lord of the rings

    eucatastrophe, where art thou?