Vinay Vasanji pfp
Vinay Vasanji
@vinayvasanji.eth
Would this chart encourage you to invest in UK markets over US markets?
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julien pfp
julien
@julien51.eth
What's the GBP/USD over the same period?
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Vinay Vasanji pfp
Vinay Vasanji
@vinayvasanji.eth
Doubt it matters as share prices and earnings are in each respective currency — £ for FTSE and $ for S&P That said its hovered between £1:$1.2 and £1:$1.4 for the past few years
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julien pfp
julien
@julien51.eth
Well arguably if I invest in US market, it is with USD. The full return of investing in other markets should be then taking into account the currency's convesion, no? For example, if I get a 10% in the US market, and a 15% in the UK market, But GBP goes from 1.2 to 1.4 in the same period, then I am actually losing on my investment? 1 USD => 1.2 GBP => 1.61 GPB => 0.985714 USD
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