by David Kuenzi, CFP®, Thun Financial Advisors
Currency issues are often one of the most vexing and least well understood issues for investors. This is especially true for Americans abroad whose salaries and other income sources are often denominated in currencies other than U.S. Dollars (USD). The good news is that understanding how to properly incorporate currency considerations into a sound, long-term investment strategy is much easier than commonly understood. In this note (part 1 of a two part series) we pull back the opaque veil of “currency risk” that clouds investment and financial planning decisions for Americans abroad. We sketch a few, easy to understand principles that all investors can use to guide choices around currency denomination of savings and investment...
Read more at Expat Focus: Money