A new report has suggested that spending a large amount of money on foreign exchange may actually be detrimental to the long-term viability of your bank account.
It was conducted by the investment bank Morgan Stanley and published in a new report titled “The Curse of Foreign Exchange: How Much Does Your Money Spend on Foreign Exchange?”
In it, the bank suggests that investors should be wary of the impact that foreign exchange spending has on their bank accounts, especially if they have a large foreign exchange balance.
Here’s how the report puts it: “The key is that the risk of loss from investing in foreign currency in your account should be kept in mind.”
Morgan Stanley advises that investors make a clear decision about how much they want to invest in foreign currencies.
For those who don’t want to lose money in a foreign currency market, they can buy physical or online shares of foreign currency assets.
For investors who want to buy foreign exchange assets, the investment banks suggests that it’s worth investing in physical shares.
“This is the right investment strategy for your situation,” Morgan Stanley’s lead researcher Dr. Andrew Ritter told The Wall Street Journal.
The report suggests that buying physical shares of the foreign exchange market is risky for two reasons: It’s a risky investment strategy because it’s not as easy as buying a stock on the secondary market, and it’s a dangerous investment strategy if you don’t understand what you’re buying.
According to Morgan Stanley, investors who have an account with a bank that’s holding foreign currency should consider buying physical gold or silver coins.
“It’s more expensive than buying foreign currency because you’re getting a fraction of the return on foreign currency that you’re actually getting on foreign currencies,” Ritter said.
“But it’s better than having the option of buying something with physical money.”
But for those who aren’t comfortable buying foreign exchange-backed assets, they should consider using an exchange-traded fund or ETF that tracks the price of foreign exchange.
For example, Morgan Stanley suggests that you could look into a U.S. government-backed exchange-linked fund that tracks foreign exchange rates.
Morgan Stanley recommends using the ETFs in this example because “the more you track, the more likely you are to make smart decisions.”
The bank also recommends that you look at a broad range of ETFs that track the price and yield of U.N. assets, including the International Monetary Fund (IMF), World Bank, and International Monetary Funds.
“You might want to think about the yield of the U.K. bond yield, the U