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Buying USD and GBP Stock

  • 26-07-2016 9:49pm
    #1
    Lash_Alert
    Registered Users, Registered Users 2 Posts: 425 ✭✭


    Hi Guys,

    Kinda new to this investing thing (by new i mean actually buying, been studying for years).

    Essentially, i have a number of USD and GBP stocks that i want to buy over the coming period (price dependent) but I am worried about Fx exposure.

    Essentially, I think sterling is falsely weak atm, so i want to buy GBP shares to take advantage of this but alternatively i am able to get a UD share for a good price so i am thinking of going there?

    What do people usually do in this scenario?

    Advice much appreciated.


Comments

  • #2
    Francie Barrett
    Registered Users, Registered Users 2 Posts: 16,931 ✭✭✭✭Francie Barrett


    Lash_Alert wrote: »
    What do people usually do in this scenario?
    I don't worry about hedging at all. I have a full-time job, so it's hard enough for me to find investments that will produce a decent return, let alone have to worry about FX risk. That is not to say it doesn't affect my investment choices. For example, the US currently has a strong Dollar and a stock market that's trading at all time highs. Clearly it's going to be harder to make money there than in the UK where Sterling has weakened and the market is a little cheaper.


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