(This is in addition to my last post of VT vs. VWRD - which is another option for me)
I have 124’000 USD to invest (but am not American, I’m Canadian living in Switzerland), and aside from investing it myself such as in my last post, I’m wondering whether for peace of mind, I should use True Wealth instead since you can deposit USD (unfortunately when you sell it, they hand it back in CHF). I recognize there’s a premium compared to DIY, but again, this would be for ease and peace of mind if anything.
The question is… if I have USD and may move back to Canada eventually, does it even make sense to hedge to CHF? On one hand, it doesn’t make sense to me because the USD is at all-time lows compared to the CHF, on the other hand, it would avoid currency volatility until I eventually sell it to move back to Canada and perhaps convert to CAD.
Any educated thoughts? Thank you in advance!!
I have 124’000 USD to invest (but am not American, I’m Canadian living in Switzerland), and aside from investing it myself such as in my last post, I’m wondering whether for peace of mind, I should use True Wealth instead since you can deposit USD (unfortunately when you sell it, they hand it back in CHF). I recognize there’s a premium compared to DIY, but again, this would be for ease and peace of mind if anything.
The question is… if I have USD and may move back to Canada eventually, does it even make sense to hedge to CHF? On one hand, it doesn’t make sense to me because the USD is at all-time lows compared to the CHF, on the other hand, it would avoid currency volatility until I eventually sell it to move back to Canada and perhaps convert to CAD.
Any educated thoughts? Thank you in advance!!