2 years ago it was great. But now you're 20% ,,down", by default, when entering the US market since EURUSD is 1:1 Thoughts ? Edit : Combine that with 23% inflation , say in Estonia & you're doing ,,just fine".
Its the inflation part that is the killer because if S&P instead was up 20% and inflation was still +23% what fun is it to just be flat. Better than down twice as much but the idea is to be ahead, regardless of inflation, not just running in place. Hey they have this thing called going short. Have you heard of it?
If you bought (as a European) S&P500 euro denominated (as most Europeans do) you would have done great! ETFs like SXR8...