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End of Year Q&A Special!

The Young Investors Podcast

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How Do You Convert US Dollars From a Share Sale to Australian Dollars?

When using u s brokerage accounts, do you immediately convert your u s dollars froma share sale to australian dollars? How do you manage the exchange rate effects stemming from the timing of your withdrawal slash conversion? Eh, ah, i i don't. I just have sa. If i were to sell, say, my position in tesla, then i would probably wouldn't drag it straight back into australian dollars after caus obviously sell the shares in nou s dollars. Then i'm not going to convert straightaway back to australian dollar. It allri no, tit'sno, it's not a problem. All rightell, that was an easy one...

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