Asian Currency Strategy 2021 Webinar: 16 March 6pm HKT

Posted Posted in Webinar

My next webinar with Interactive Brokers and Singapore Exchange will be on March 16th, 6pm Hong Kong time, explaining the long-term background and outlook for Asia’s 10 major currencies: Japanese Yen Chinese Yuan Renminbi Indian Rupee Korean Won New Taiwan Dollar Singapore Dollar Thai Baht Malaysian Ringgit Philippine Peso Indonesian Rupiah Register here:

Using the Singapore Dollar as a “Global Currency” Proxy

Posted Posted in Charts

Today’s chart addresses a question I often get “how do I diversify away from a strong dollar, given that the euro, yen, and other currencies don’t look especially attractive with negative yields?”. One way of looking at global currency risk is through the IMF’s special drawing rights (SDRs), a unit of account developed around the […]

Better than Transferwise: Interactive Brokers can save over 90% off these fees

Better than Transferwise: Saving Thousands on International Transfers with an Interactive Brokers account

Posted 2 CommentsPosted in Client Service

One of the most frequently asked questions I get is “what is the best way to transfer a large sum of money overseas, without getting ripped off by terrible exchange rates and high international transfer fees?”.  Fortunately, we have started to see the rise of many financial technology (Fintech) firms like TransferWise and OnePip advertising international […]

Stocks vs Real Estate: Residential Property prices in 10 countries according to BIS

Investing in Property vs Investing in Stocks: the BIS Data on 10 Countries’ Residential Real Estate Markets

Posted Posted in Investing

Last month I posted a chart on how stock prices rose 7x more than house prices over the 20th century, which although backward looking, provides some idea of why investors should consider allocating as much of their wealth to stocks as to investment real estate. Here I expand the chart with data from the BIS […]

Currency futures webinar: Tariq presents with SGX and Interactive Brokers

Posted Posted in Events, News

Today we completed another successful webinar with SGX and Interactive Brokers explaining how everyday investors can use currency futures contracts to access and hedge FX risk at institutional prices in the US$5 trillion/day currency market. Feel free to contact me for a copy of the spreadsheet, or information on how to sign up for our […]

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 Posted 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 Posted 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 Posted 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 […]

How to best convert and transfer large amounts of money across currencies at low cost

Posted 1 CommentPosted in Personal finance, Saving

One situation I’m glad to be able to frequently help with, which can often save thousands of dollars, is how to covert relatively large amounts of money from Hong Kong or Singapore back home.  If the money doesn’t need to be moved over as quickly as a relatively expensive wire transfer or remittance service might […]

How different were the German Mark, French Franc, and Italian Lire before the Euro?

Posted 2 CommentsPosted in Education

Yesterday I posted a 45-year historical chart of 9 currencies where I described the difference between appreciators, depreciators, and long-term range-bound currencies.  I considered the Euro to be in the latter category, but the Euro was made up of currencies like the Deutsche Mark (DEM) which behaved more like appreciators and currencies like the Italian […]