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S&P 500 - sensible or silly?
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FX is a very efficient and liquid market. Any FX cross at any time is expected to change at a rate of precisely 0% for any time frame. Therefore investing with a view of FX hedging (whether back to your own home country or not) is pointless and irrelevant. Given the cost of hedging overtime, you are best to buying non-hedged funds. Buy for the actual asset class expected performance and don't take FX into account at all.(A diversified stock fund is expected to show positive return over the time because of human ingenuity).1
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