Rupee is constantly going down and our Indian investments according to the global value is going down. Being in the crypto, we have some advantage because we are dealing with the USD and thus the value of USD as compared to the INR is going up. But people who are not in crypto for them if they are only investing in the Indian Market then they are on a loss.
We are seeing INR is constantly going down usually 1% to 2% every year. Now if you are only investing in the Indian Market using the INR then you are losing the value. So instead of that if you invest in the US Market you are gaining on 2 ways, one when the US market going up and other with the INR losing. So you will end up getting more in value.
I am using the IndMoney to invest in the US market. Though it is not the best app to invest in the US Market but still its better than a lot of app out there. Though the IndMoney app you can invest in US Market with Rs 1000 I.e. factional investing. So in this video I have given a demo on how you can invest using the IndMoney directly through your bank account. Now I have been investing in the US Market for some time and mainly I am investing in the VOO I.e. Vanguard S&P 500 ETF. VOO is the best way to invest in the US market if you are a absolute begineer.
If you would have been invested in VOO instead of Indian Market 10 years ago you would be little more richer now that's because mainly of the rupee weakning. As an Indian we don't feel much about the rupee weakening, but it is costing us money. Since we are importing a lot of products from outside, our import cost is going up and because of that the inflation is rising.
