I'm new to investing and I recently bought some stocks. I exchanged EUR for USD to get them.I didn't even look at the conversion rates. I don't even know how currency conversion works, I just YOLO'd and let IBKR do it automatically.Should I be worried about the US - Iran conflict? Should I pull everything out before it's too late?Will I lose a lot if money if I close all my positions and convert the remaining USD to EUR again? I didn't think about this part at all.
you shouldn't think about stocks at all or you're already doing it wrong. just buy index funds and forget about it until you're old.
The currency conversion hardly matters. Put your money in stocks and, even better, index ETFs you believe have a good future. Can you post a sample of your portfolio?
