So for example:
The dollar appreciates 6% in a year meaning I can buy more of my country's currency. Inflation that same year is 4%.
Do I have a return of 2% without even considering interest earned on traditional savings or investment? Is this thinking correct?
The issue I see is that in this scenario growing my savings in dollars will cost me more and more if I earn in my local currency. So would I need to have an investment vehicle that offsets both inflation and my currency depreciation? 10% as the above example suggests?
Thanks for your insights!