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The dollar is down over 10% in 2025, heading for its worst year since 1973 (www.mitrade.com)

submitted 1 month ago by cm0002@sh.itjust.works to c/usa@midwest.social

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[–] ArmoredThirteen@lemmy.zip 2 points 1 month ago (1 children)

How do I do something like this? I have savings to be going to school for the next couple years in Europe but my money is all tied up in USD currently. It's like watching someone shovel my savings into a fire. It's going to be at least a month before I can get a bank account here to transfer my money over but I want to figure out how to get it out sooner

[–] gravitas_deficiency@sh.itjust.works 2 points 1 month ago

For a bank, I’ve transferred a few thousand to Wise and converted it to Euros. I’m up like 10% in about 7-8 months, compared to just leaving it as dollars.

For trading, just see what ETFs your brokerage offers that target EU/APAC/whatever other region you want to target. And furthermore, if you want to pick securities individually, do the research and ensure that they’re not US-based/traded securities. You can trade non-us stuff on most US brokerages.