The Money Mustache Community
Learning, Sharing, and Teaching => Investor Alley => Topic started by: kenmoremmm on January 13, 2021, 10:57:52 PM
-
https://youtu.be/WVM0fDmGG70?t=945
at the 16:05 mark, he mentions "double pop". you might need to scroll back 1 minute for more context.
i'd appreciate someone explaining this to me in simpler terms.
-
I think he just means that both foreign holdings will go up in their local currency, and their local currency will go up relative to the USD, so you get a double effect if your foreign investments are not currency hedged.