I’m currently a student and am looking to move into an apartment soon. All my assets are in USD in my broker accounts, and I primarily use my credit cards for expenses, with autopay set up from my HYSA.
At the moment, I’m transferring a few months’ worth of rent into an IBKR account to convert to yen while the exchange rate is favorable. Does anyone have any suggestions for where I could invest my yen to earn some interest?
I understand that this might be challenging due to PFIC regulations. I know there are some ETFs available, but I’m unsure about the associated risks, especially since I’m not currently employed. As a result, I’ve invested all my US assets in mutual funds to generate steady income with minimal risk.
by 7Fish2NATO