I'm new to this.. perhaps this has been asked before but I could not find it, and please let me know if this should go to the beginner forum
Let's say I have some USD in a foreign bank account (not a US based account), or even USD in an Australian multi-currency account.
What are my options to invest it?
a) Convert it to AUD, invest in ASX listed equities (including overseas ETFs)
b) Invest directly into US equities... how?
I'd prefer to invest it in USD to avoid currency transactions.
Is it possible to invest in US equities without opening a US based bank account?
Looking to just sit it into varying ETFs and mange it on a long-term scale.
Any thoughts would be appreciated