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 FundSuperMart v18 (FSM) MY : Online UT Platform, UT DIY : Babystep to Investing :D

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nordtty
post Sep 20 2024, 02:55 PM

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QUOTE(Sitting Duck @ Sep 20 2024, 02:17 PM)
Hi Sifu,

Now that RM is strengthening against USD. What's your strategy on US ETF and stocks? Are you planning to exit from US market and take profit before exchange rate wipe out the profit for the past years. Re-enter once the RM to USD stabilizes or just continue to DCA?

My portfolio for US market was having 25% earnings but now down to 15% despite the price at ATH. The gain probably may continue to reduce significantly till end of the year since prediction is that RM will continue to strengthen against USD.

My gold portfolio is also taken a small hit due to stronger RM. Despite gold at ATH, the gold price in RM was slightly lower before gold hit ATH.
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This sounds like you are trying to time the market. I would just DCA.

 

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