@mary44 Thanks for the post and sorry for the delayed reply.
I am living in Japan and am paid in JPY, my assumption is that given the poor exchange rate of JPY -> USD, any shares denominated, or with an underlying denomination in, USD are more expensive for me. For example, if 100 JPY = 1USD and 1 share of emaxi slim is $100 usd, then my cost is 10,000 JPY. However due to the poor exchange rate maybe now 100 JPY is .67 USD, which means that my 1 share of emaxi slim now costs me 14,700 JPY. Are you saying I don’t need to worry about the poor exchange rate if I’m holding for 20 years +?
I am living in Japan and am paid in JPY, my assumption is that given the poor exchange rate of JPY -> USD, any shares denominated, or with an underlying denomination in, USD are more expensive for me. For example, if 100 JPY = 1USD and 1 share of emaxi slim is $100 usd, then my cost is 10,000 JPY. However due to the poor exchange rate maybe now 100 JPY is .67 USD, which means that my 1 share of emaxi slim now costs me 14,700 JPY. Are you saying I don’t need to worry about the poor exchange rate if I’m holding for 20 years +?