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by yccs27
1239 days ago
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I was thinking about foreign exchange options [0], which buy you the right to exchange some amount of money (your salary) at a given some later date (payday) with a fixed exchange rate. You‘d buy one for every paycheck within the period you want to insure against the risk. (I realize now that I‘m not actually sure how easy it is to get them as a consumer at a bank - alternatively you might be able to get them via Robinhood or similar.) [0] https://en.wikipedia.org/wiki/Foreign_exchange_option |
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