Metal Cashback. Which Currency?


#1

Which currency should I set for my Metal Cashback?

Which currency will potentially provide the most cashback per transaction, or does it not matter?


#2

Theoretically, you would have to factor in the risk of FX rates fluctuations like with investments in currencies. This makes this awfully complicated.


#3

This is why I’d personally go with cashback in base currency.


#4

To further this definitely don’t get cashback in yen. Abe plans on having it devalued to jump start inflation (as the yen has been deflating, which has damaged the Japanese economy!)


#5

So I should invest in Japan :smiley:


#6

It’s not a bad idea, I plan on throwing some money into softbank :money_mouth_face:


#7

Always reduce your risk, especially with technology. Invest in an active fund that has exposure across multiple (more than 30) individual equity company holdings.


#8

Yes lots of funds are in my future, there’s a few trackers making good growth on small to medium Japanese enterprises at the minute, now if only Revolut would roll out their options.