When you own different currencies/assets in different countries

different countries that use different currencies*

I think i'm right but I'd like hear other factors to consider

>>1820289
You should consider what happens if that currency looses or gets value. For an example, the dollar is high right now. for my currency it's 7 DKK for 1 dollars but some years ago it was only around 5 dkk for 1 dollar.

>>1820155
Use gold as a basis. The value of gold never changes because there's a finite amount of gold in the world. Ron Paul 2020

>>1820289
Look up "opportunity cost" and learn all you can. Then apply that principle to various types of financial instruments that you have exposure to. Also look into currency swaps and how you can use them to hedge against downside exposure related to the devaluing of currencies which doesn't fall in your favor.

Best of luck.

File: C5X0z9BWcAAdSkX.jpg large.jpg (299KB, 1503x1000px) Image search: [Google]

299KB, 1503x1000px

>>1820155
What do you mean exactly? If you buy a dollar based instrument in euros your losses and gains percentage will automatically include currency changes

>>1820155

pip value.