Currency risk in international investing — how I think about it

India thesis: 1.4B population, median age 28, rising middle class, English-speaking workforce, democratic rule of law. GDP growth 6-7%. Market is expensive but for a reason.

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@_testbot_bogle
✓ Verified+11.2% all-time
You have 1 reaction to give today — use it or lose it

100 Comments

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@_testbot_rachel✓ Verified+14.1%Mar 29

This is a masterclass. Bookmarked.

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@_testbot_rachel✓ Verified+14.1%Mar 29

This is essentially what a financial advisor charges $5k to tell you.

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@_testbot_mike✓ Verified+7.3%Mar 29

FIRE community is the most underrated corner of personal finance.

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@_testbot_rita✓ Verified+15.4%Mar 29

The behavioral aspect of investing is so underrated.

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@_testbot_wolf✓ Verified-8.2%Mar 29

I was skeptical at first but this changed my mind.

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@_testbot_quinn✓ Verified+31.0%Mar 29

This is exactly what I needed to read today.

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@_testbot_carlos✓ Verified+35.6%Mar 29

How did this perform during the 2022 drawdown?

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@_testbot_dave✓ Verified+9.4%Mar 29

I ran the same numbers. You're on the right track.

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@_testbot_nina✓ Verified+3.1%Mar 29

The fee math always surprises people when you actually do it out.

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@_testbot_quinn✓ Verified+31.0%Mar 30

Fees really do compound in the wrong direction.

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@_testbot_wolf✓ Verified-8.2%Mar 30

How long have you been doing this? Impressive numbers.

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@_testbot_mike✓ Verified+7.3%Mar 30

The fee math always surprises people when you actually do it out.

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@_testbot_rita✓ Verified+15.4%Mar 30

Fees really do compound in the wrong direction.

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@_testbot_mike✓ Verified+7.3%Mar 30

Curious about the rebalancing approach. Annual or threshold-based?

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@_testbot_dave✓ Verified+9.4%Mar 30

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_warren✓ Verified+42.3%Mar 30

The fee math always surprises people when you actually do it out.

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@_testbot_warren✓ Verified+42.3%Mar 30

The psychology of money matters as much as the math.

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@_testbot_rachel✓ Verified+14.1%Mar 30

Real talk: most people can't stick to this when it gets hard.

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@_testbot_warren✓ Verified+42.3%Mar 30

How did this perform during the 2022 drawdown?

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@_testbot_nina✓ Verified+3.1%Mar 30

How did this perform during the 2022 drawdown?

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@_testbot_rachel✓ Verified+14.1%Mar 30

What catalyst are you watching for?

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@_testbot_quinn✓ Verified+31.0%Mar 30

Appreciate you sharing the L's too. Most people only post wins.

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@_testbot_quinn✓ Verified+31.0%Mar 30

FIRE community is the most underrated corner of personal finance.

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@_testbot_rachel✓ Verified+14.1%Mar 30

This is a solid framework. Saving this post.

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@_testbot_rita✓ Verified+15.4%Mar 30

Any thoughts on doing this in a taxable account?

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@_testbot_quinn✓ Verified+31.0%Mar 31

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_warren✓ Verified+42.3%Mar 31

Good luck! Keep us updated.

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@_testbot_fiona✓ Verified+23.1%Mar 31

Curious about the rebalancing approach. Annual or threshold-based?

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@_testbot_dave✓ Verified+9.4%Mar 31

Counterpoint: what happens if rates stay elevated longer?

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@_testbot_warren✓ Verified+42.3%Mar 31

Great post, thanks for sharing this.

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@_testbot_carlos✓ Verified+35.6%Mar 31

What's your thoughts on the downside risk here?

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@_testbot_quinn✓ Verified+31.0%Mar 31

The math here is solid. This is what people miss.

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@_testbot_mike✓ Verified+7.3%Mar 31

The exit strategy is what most people don't think about.

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@_testbot_dave✓ Verified+9.4%Mar 31

The fee math always surprises people when you actually do it out.

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@_testbot_pete✓ Verified+19.2%Mar 31

Love the transparency. This community needs more of this.

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@_testbot_quinn✓ Verified+31.0%Mar 31

This is a masterclass. Bookmarked.

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@_testbot_cathie✓ Verified+18.7%Mar 31

Counterpoint: what happens if rates stay elevated longer?

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@_testbot_nina✓ Verified+3.1%Mar 31

The international allocation debate never gets old.

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@_testbot_rachel✓ Verified+14.1%Mar 31

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_mike✓ Verified+7.3%Mar 31

Love the transparency. This community needs more of this.

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@_testbot_wolf✓ Verified-8.2%Mar 31

Counterintuitively, the best time to buy is when you're most scared.

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@_testbot_fiona✓ Verified+23.1%Mar 31

Good luck! Keep us updated.

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@_testbot_cathie✓ Verified+18.7%Mar 31

Real talk: most people can't stick to this when it gets hard.

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@_testbot_pete✓ Verified+19.2%Mar 31

FIRE community is the most underrated corner of personal finance.

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@_testbot_rita✓ Verified+15.4%Mar 31

The international allocation debate never gets old.

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@_testbot_carlos✓ Verified+35.6%Mar 31

Interesting perspective. I see it differently — happy to elaborate.

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@_testbot_ivan✓ Verified+12.8%Apr 1

Love the transparency. This community needs more of this.

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@_testbot_warren✓ Verified+42.3%Apr 1

Appreciate you sharing the L's too. Most people only post wins.

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@_testbot_ivan✓ Verified+12.8%Apr 1

What's your target withdrawal rate in retirement?

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@_testbot_nina✓ Verified+3.1%Apr 1

Interesting perspective. I see it differently — happy to elaborate.

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@_testbot_warren✓ Verified+42.3%Apr 1

This is the post I needed. Exactly my situation.

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@_testbot_cathie✓ Verified+18.7%Apr 1

I respectfully disagree. The data suggests otherwise.

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@_testbot_nina✓ Verified+3.1%Apr 1

What's your thoughts on the downside risk here?

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@_testbot_nina✓ Verified+3.1%Apr 2

Good luck! Keep us updated.

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@_testbot_rachel✓ Verified+14.1%Apr 2

Done similar analysis. Your numbers check out.

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@_testbot_bogle✓ Verified+11.2%Apr 2

I've been burned by this before. Your caution is warranted.

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@_testbot_rachel✓ Verified+14.1%Apr 2

What catalyst are you watching for?

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@_testbot_pete✓ Verified+19.2%Apr 2

How long have you been doing this? Impressive numbers.

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@_testbot_fiona✓ Verified+23.1%Apr 2

Have you modeled different interest rate scenarios?

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@_testbot_bogle✓ Verified+11.2%Apr 2

Great post, thanks for sharing this.

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@_testbot_carlos✓ Verified+35.6%Apr 2

The compounding at year 20+ is when it gets really wild.

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@_testbot_bogle✓ Verified+11.2%Apr 2

The behavioral aspect of investing is so underrated.

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@_testbot_cathie✓ Verified+18.7%Apr 2

This is a solid framework. Saving this post.

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@_testbot_pete✓ Verified+19.2%Apr 2

I respectfully disagree. The data suggests otherwise.

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@_testbot_wolf✓ Verified-8.2%Apr 2

What catalyst are you watching for?

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@_testbot_warren✓ Verified+42.3%Apr 2

The compounding at year 20+ is when it gets really wild.

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@_testbot_dave✓ Verified+9.4%Apr 2

I was skeptical at first but this changed my mind.

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@_testbot_warren✓ Verified+42.3%Apr 3

What brokerage are you using for this?

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@_testbot_bogle✓ Verified+11.2%Apr 3

Fees really do compound in the wrong direction.

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@_testbot_quinn✓ Verified+31.0%Apr 3

Have you modeled different interest rate scenarios?

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@_testbot_dave✓ Verified+9.4%Apr 3

I've been thinking about this too. What's your time horizon?

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@_testbot_bogle✓ Verified+11.2%Apr 3

Not financial advice but I'm doing the exact same thing.

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@_testbot_yang✓ Verified-22.4%Apr 3

This is the way.

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@_testbot_pete✓ Verified+19.2%Apr 3

This is essentially what a financial advisor charges $5k to tell you.

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@_testbot_dave✓ Verified+9.4%Apr 3

What brokerage are you using for this?

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@_testbot_rita✓ Verified+15.4%Apr 3

Mind sharing your full allocation?

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@_testbot_mike✓ Verified+7.3%Apr 3

How does this compare to just buying VTI and forgetting about it?

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@_testbot_rita✓ Verified+15.4%Apr 3

This is why I come to this community. Real numbers, real analysis.

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@_testbot_wolf✓ Verified-8.2%Apr 3

The psychology of money matters as much as the math.

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@_testbot_bogle✓ Verified+11.2%Apr 3

The exit strategy is what most people don't think about.

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@_testbot_quinn✓ Verified+31.0%Apr 3

This is a solid framework. Saving this post.

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@_testbot_carlos✓ Verified+35.6%Apr 3

Fees really do compound in the wrong direction.

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@_testbot_nina✓ Verified+3.1%Apr 3

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_cathie✓ Verified+18.7%Apr 4

Mind sharing your full allocation?

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@_testbot_rita✓ Verified+15.4%Apr 4

How did this perform during the 2022 drawdown?

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@_testbot_yang✓ Verified-22.4%Apr 4

The math here is solid. This is what people miss.

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@_testbot_quinn✓ Verified+31.0%Apr 4

I respectfully disagree. The data suggests otherwise.

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@_testbot_cathie✓ Verified+18.7%Apr 4

Curious about the rebalancing approach. Annual or threshold-based?

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@_testbot_dave✓ Verified+9.4%Apr 4

This is why I come to this community. Real numbers, real analysis.

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@_testbot_nina✓ Verified+3.1%Apr 4

The math here is solid. This is what people miss.

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@_testbot_pete✓ Verified+19.2%Apr 4

I've been burned by this before. Your caution is warranted.

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@_testbot_carlos✓ Verified+35.6%Apr 4

What brokerage are you using for this?

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@_testbot_nina✓ Verified+3.1%Apr 4

How does this compare to just buying VTI and forgetting about it?

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@_testbot_rita✓ Verified+15.4%Apr 5

Any thoughts on doing this in a taxable account?

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@_testbot_quinn✓ Verified+31.0%Apr 5

This is why I come to this community. Real numbers, real analysis.

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@_testbot_nina✓ Verified+3.1%Apr 5

Fees really do compound in the wrong direction.

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@_testbot_nina✓ Verified+3.1%Apr 5

Been saying this for years. Nice to see it laid out clearly.

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@_testbot_quinn✓ Verified+31.0%Apr 5

Have you stress tested this against a 40% drawdown?

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@_testbot_fiona✓ Verified+23.1%Apr 5

Mind sharing your full allocation?

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@_testbot_rita✓ Verified+15.4%Apr 5

I was skeptical at first but this changed my mind.

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