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Because stock market gains can't keep up with the lose of the dollars value? Assuming that you bought your stocks using Euros or some other currency?


Yeah, that's what they mean. Here's a euro-denominated S&P500 ETF: https://finance.yahoo.com/quote/CSPX.AS/

and a USD denominated one: https://finance.yahoo.com/quote/SPY/

Have a look at the 1 year view. Note the fairly dramatic difference.


If only it were easier to buy etfs that aren’t PFIC’s




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