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The dollar is down over 10% in 2025, heading for its worst year since 1973 (www.mitrade.com)

submitted 8 months ago by cm0002@sh.itjust.works to c/usa@midwest.social

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[–] omgboom@lemmy.dbzer0.com 17 points 8 months ago* (last edited 8 months ago)

ETF's that track any of the major indexes are mostly flat when you take the devaluation of the dollar into account. SPY is probably up marginally but just barely. But money sitting in a bank account has lost value in that time frame. A better idea would probably be to invest in stocks and ETF's denominated in Euros or another currency.

Edit: Also as a result on the devaluation of the dollar, gold is way way up this year