Moscow Yes, all things I have and I do right now is all the things that I have written down on papers, during my sleeps, in my consciousness, in my visions. So let's do that again here. I have another dream that I really think of. It's the thing I want to do when I have so much money, or enough money, or when money doesn't matter anymore, or who knows! I wanna build a school for kids who can't afford to go to school. I want them to pay nothing, and I want them to learn the basic things like how to respect others, how to tell people their ideas/opinions, familiarize them with being kind, how to think logically, how to solve problems, etc. All the basic survival things in life. I think my passion is always in education, but I don't always like to follow the old-school rules. There are so many important things we don't learn at school that I think should be taught there. Once we graduate from school, we usually don't know how to navigate life. Who taught you...
Laundry coins in Rove Dubai
I saw so many questions of Indonesians want to know about buying stock in the US market. I never thought about it until I am involved in "taking care" of it as a part of my work.
It's not technically mine lol, it's my boss. But, that way I learned a lot about the US and Canadian markets. What we bought for the first time was Disney. DIS.NYSE. It's on NYSE, which means it is in the US market.
So, my boss is Canadian. I didn't know that he can buy stocks in the US market that easily. What a perk of being a non-Indonesian 😅 Long story short, we got our first stock. Then we buy other stocks.
Funny to see how the banking sector most of the time is so stable.
After a few months, they're having ups and downs. We have them working great but why is it seen red in our portfolio? The culprit is the currency exchange. We lost a lot in currency. We use Sharesight to check on them easily because we have them all from different markets.
It's only from Canadian Dollar to USD (and vice versa). But the loss we usually have on average is 0,5-1% of the total stocks and funds we have. It seems just a little, not even 1% but when we buy stocks we need to calculate the broker fees and everything including the currency exchange. I mean, we invest to gain some, right? Not to lose more 😑
DIS is in the US market. We bought it in the Canadian Dollar. The currency loss is around 6%
Look at the capital gain we got from Pinterest. But also the currency loss we have.
Now let's imagine if we buy US stocks with our IDR money? How much loss we're going to get? 😅 There's no way it can survive lol. Well.. it might survive but it's gonna be a lot more expensive, knowing that how unstable IDR to USD is.
So, if you have a lot of money to invest in the global market, keep in mind that you might also lose some currency along the way. That way, you have to figure out something to minimize the loss.
Have fun! 🙌
experience that could be a new lesson for me, greetings to my friends, I'm kuanyu blogger from Bangka
ReplyDeleteGlad that'd be a new lesson for you. and welcome in my blog Kuanyu :D
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