Currencies for the long run, part 3: Asia ex-Japan

Currencies for the Long Run, Part 3: 6 Asia ex-Japan Currencies that have declined 40-90% since 1980

Posted Leave a commentPosted in Investing

Following part 1 and part 2 of this series “Currencies for the long run”, here is a chart showing the long-term trend since 1980 of 6 major Asian currencies: The Chinese Yuan Renminbi, Indian Rupee, Philippine Peso, Thai Baht, Malaysian Ringgit, and South Korean Won.  As the previous two posts showed different trends in relatively […]

Currencies for the Long Run, Part 2: The Appreciators

Posted Leave a commentPosted in Investing

In part 1 of this series “Currencies for the long run”, I posted a chart of the “ABC” currencies of Australia, Britain, and Canada, which were relatively stable and range bound, but showed a long-term depreciation trend of 20-50% against the US dollar over the past half century.  By contrast, I wanted to show a […]

Currencies for the long run, part 1: ABC

Currencies for the Long Run, Part 1: The ABCs of Relatively Stable Currencies

Posted Leave a commentPosted in Investing

This is the first of three posts titled “Currencies for the Long Run”, in which I post a chart summarizing how three different types of currencies have gone up and down against the US dollar over the past several decades.  This first one is the longest of the three, going back to the earliest exchange […]

Hong Kong ETF list published by HKEX (Hong Kong Exchange) on Nov 2017

Hong Kong ETFs Remain China-focused, Bond-light, and Under-owned

Posted Leave a commentPosted in Investing

Hong Kong ETFs are, and are likely to remain, the best way to trade and broadly allocate to China, it is not hard to argue that Hong Kong has the best ETF market in Asia.  As a reference, I am posting below a scan of the brochure the HKEX handed out at a recent ETF […]

Asset Allocation Returns: Conservative, Moderate, and Aggressive, 2007-2017

Posted Leave a commentPosted in Investing

Asset allocation is and should be one of the first decisions made in planning an overall investment portfolio.  Some investors do their asset allocation accidentally, by only investing in one or two asset classes they know or are sold, or as the result of buying different individual investments one by one with no overall plan.  […]

Data visualisation scatterplot on the fundamental data of 102 Hong Kong based and listed companies

Data Visualisation for Listed Company Fundamental Data

Posted Leave a commentPosted in data

I recently re-launched our experimental data visualisation tool on http://gfmpartners.com/ This tool is useful for: Running scatterplots on fundamental data of listed stocks Creating and sharing watchlists of these listed stocks    

top 55 london-listed etfs

Top 55 London-listed ETFs from iShares – shortlist for 2018

Posted 1 CommentPosted in Lists

For non-US ETF portfolios, I find it useful to keep handy short lists of ETFs listed on other top ETF exchanges in London, Hong Kong, Singapore, and Tokyo.  Here is a short list of the top 55 London-listed ETFs I look at, mostly for my own reference when I need to look this up on […]

Forget Bitcoin funds or Bitcoin ETFs, Bitcoin Futures make more sense

Posted Leave a commentPosted in blockchain

It may be one of the universal laws of finance that whenever an asset multiplies in value over a short period of time, demand from investors to buy that asset in an accessibly packaged form similarly multiplies. This year, that law played out in Bitcoin prices, and not a week in the latter half of […]

Investing Retirement Accounts: Starting with $20,000,000, a retiree withdraws $800,000 in the first year, and 2% more each following year. At 4% and 5%, the retiree runs out of money, while at 6%, the account keeps growing.

Investing Retirement Accounts: What rate of return vs level of risk to aim for?

Posted 1 CommentPosted in Investing

When investing retirement accounts, we are often told to invest aggressively (mostly in stocks) when saving as young employees, and then rotate more and more of the account towards more conservative investments (bonds and REITs) as retirement approaches.  One overly simple rule is to allocate 100 minus your age in stocks, so that a 20 […]

Cathay Pacific's last day in the Hang Seng index

Cathay Pacific’s last day in the Hang Seng Index

Posted Leave a commentPosted in News

Three weeks ago on November 10th, Hang Seng indexes announced that Cathay Pacific airways (HKEX: 00293) would be dropped from the blue chip Hang Seng Index as of December 4th. (Sources: SCMP, Bloomberg) The Hang Seng index has changed dramatically over the past two decades, from being a Hong Kong specific benchmark of 30 of […]