Reasons to invest in US stocks.
Some mindsets about investing in US stocks. I started investing in 2017-2019, and during the pandemic phase from 2020 to 2023, I was forced to stay at home and started researching. At that time, 1 USD was equivalent to 3.8 MYR. I decided to focus my investments on US stocks, considering that MYR would depreciate and US companies are globally distributed. Being a shareholder in US stocks allows me to earn USD and spend MYR in Malaysia, which is a very promising lifestyle. Today in 2024, 1 USD is equivalent to 4.7-4.8 MYR, and MYR has depreciated by 20%. Apart from stock prices, I have also gained from exchange rates. This is the advantage of investing in US stocks. US stocks can make you wealthy.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
