Where to safely hold USD while waiting for correction to buy back in?
Hey all,
I'm really struggling to figure this one out. In anticipation for a correction soon i'm considering putting stops on a few of my investments but when they convert to USD i'm not confident holding them in the exchange for between a week and a month is a good idea... Maybe i'm wrong and it is okay? Is there a more suitable option to transfer the USD to somewhere secure? I dont have a USD bank account and dont want to cash out into AUD due to capital gains tax.
Any ideas?
Cheers.
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