I'm a Polish investor, and the USD has increased in value compared to the PLN by 10% to around 4.10 since I bought US stocks at the start of the year for ~3.7. This is most likely related to the ongoing migrant crisis at the Polish-Belarusian border.
Historically, the USD has very rarely been above 4 PLN and when it has, it was usually a matter of weeks before it dropped down again.
As the dollar gets more expensive, I'm not sure how this should affect my investing strategy.
- Should I close my current positions at these USD prices and re-enter when it drops again?
- Or if that's not a good idea—how do I continue to purchase more stocks with the dollar being so expensive right now?
Thanks in advance for any advice!
Submitted November 16, 2021 at 04:18AM by bartmasta https://ift.tt/3HqSisy
