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/ #POST-206445
REDDIT
I'm not a US nationality, I have some SGOV. Is it still safe to put my money in SGOV if USD is weakening?
So yeah the USD is weakening against SGD, CHF, Euro. I am not too concerned in the short term as the relationship between USD and those currency goes up and down, and I don't think USD will die as the world's reserve currency in just one or two years. Outside of SGD i have no other places to put my money into that can also get interest yield, so only relying on the forex fluctuations.
I have heard the increased yield of SGOV will compensate the weakening USD ,is that true ?? Just today i checked my Schwab account and saw that the SGOV daily change is 4 times the usual.
in any case USD is still better than my local currency ha (Indonesian Rupiah)