The Money Mustache Community
Learning, Sharing, and Teaching => Investor Alley => Topic started by: settlement on March 25, 2016, 10:24:05 AM
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Hi,
I'm 25. My portfolio is 80% stocks, 20% cash, + 6 months living expenses.
Within the 80% stocks I have 75% MSCI World and want to invest the other 25% in EM.
When I finished work last year I invested 30k in euro between MSCI World and EM. I then moved to Australia. I have now saved enough money to invest again.
Should I transfer my money back to euro and invest in the same etfs? Or should I invest in similar etfs with a different trader through my Australian dollar?
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How long do you plan to stay in Australia?
If you are long term or even mid term, I would not move EVERYTHING in a different currency.
If you plan to stay for a short stint then I would say keep going euro or world.
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That's part of what's causing me difficulty. If I was to guess I'd say I'll stay in Australia for 2-3 more years but it's possible I could end up here indefinitely.
Another thing that's offputting is the weakness of the aus dollar against the euro if I transfer it back