Hello,
I keep 20% of my portfolio as cash. I use EUR for the biggest part of my cash portfolio, but I am already at my bank's EUR negative interest threshold. I will add another currency to my cash portfolio and I'm thinking GBP or CHF because of the low inflation. Any suggestions? Thanks.
Cash Portfolio Currency
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Re: Cash Portfolio Currency
No one predicts currency exchange rates with any accuracy.900 wrote: ↑Fri Apr 09, 2021 12:03 pm Hello,
I keep 20% of my portfolio as cash. I use EUR for the biggest part of my cash portfolio, but I am already at my bank's EUR negative interest threshold. I will add another currency to my cash portfolio and I'm thinking GBP or CHF because of the low inflation. Any suggestions? Thanks.
CHF is safe (presumably). GBP is more speculative.
USD interest rates are generally higher.
Re: Cash Portfolio Currency
A better way to play the currency game is to buy and hold UNHEDGED world bonds. E.g. AGGG.
KISS & STC.