For me, it depends on what the purpose of this cash reserve is.
Should it perhaps one day be invested in European companies or real estate, or passed on to European descendants? I would keep it in euros instead of taking currency risk in the meantime.
Is it likely to be invested in USD-listed shares in the future, or somewhere else outside Europe? If so, it can also be held in USD now.
Should it perhaps one day be invested in European companies or real estate, or passed on to European descendants? I would keep it in euros instead of taking currency risk in the meantime.
Is it likely to be invested in USD-listed shares in the future, or somewhere else outside Europe? If so, it can also be held in USD now.
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3Mon
@PassiveIncomeSloth dry powder, certainly an heir at some point, but fortunately that will take time
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