1D·

Maybe a stupid question?

if you invest all your assets in e.g. $VWRL (-0.09%) or $HMWO (-0.04%) and the euro currency were to die.

Would that not matter because of the shares you hold and could you theoretically sell them again for another currency or is that complete madness because you bought in euros?

If that is not possible, what would happen and how can you counteract something like that apart from crypto and gold?

If the question is extremely stupid and unambiguous, I am already sorry and thank you for any answer.

Have a good year 2025 🙏🏻

14 Comments

DieEnte7@DieEnte7

23H

In this case, your "property" is the fund units and the value of this property is stated in €. If the euro were to disappear, your property would still belong to you, but the value would be measured differently.

Basically like a property worth €500,000. If the euro ceases to exist, you won't lose your property, but it may of course lose value regardless of this if something as drastic as the end of the euro happens

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Tenbagger2024@Tenbagger2024

23H

The question wasn't so stupid after all. With shares, you have a stake in a company. The ETF provider also has a stake in the company. And I don't think it ultimately matters in which currency you bought the investment.

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Homer@Simpson

There are no stupid questions, only stupid answers 😊

Since I haven't had the experience yet, probably like when the Dmark € change came, you will be able to sell the shares with new currency 😊👍

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Enrique@Der_Dividenden_Monteur

They are simply converted to the new currency.
It was the same for us 23 years ago when the euro was introduced and the mark "died".

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Show answer

Eggplant@Eggplant

21H

The ETF is denominated in USD, which means that if the USD falls, your ETF will lose the same amount of value.

Depending on which broker you are with, you may also receive the dividends directly in USD. I have already seen all 3 variants. Payout in USD, payout in local currency, payout in USD with corresponding separate conversion.

If you want it in local currency, then you have to buy it hedged

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