I'm American. My wife and I live in Korea. We have adequate trip funds in our bank in Korea. But it's in Korean Won, which like most currencies is weak compared to USD. To finance our two month vacation to the U.S. we have two options. A.) Exchange Korean Currency for USD (incurring fees along with a poor exchange rate) B.) I sell about $10 - $15k of my VTI/VXUS Index funds and have that USD directly deposited to my US Bank.
I lean toward Option A because there are many tales of "If you miss out on the top 10 or 30 days of year (X), you lost so much in gains). But I consider Option B because my returns on $10 - $15k wouldn't be THAT substantial.
Thanks for any thoughts or feedback!
[link] [comments] https://www.reddit.com/r/stocks/comments/171cthm/selling_stocks_vs_exchanging_foreign_currency/
Accedi per aggiungere un commento
Altri post in questo gruppo
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate