QUOTE(prophetjul @ Dec 8 2016, 08:41 AM)
i know i asked this before...........
while those who invested outside heavily can pat theirselves on the back and be smug.....think of the rest who have not.
HOW much do you hedge your net worth in foreign assets IF you are NOT MIGRATING?
In today investment environment, it is hard to assess and quantify.while those who invested outside heavily can pat theirselves on the back and be smug.....think of the rest who have not.
HOW much do you hedge your net worth in foreign assets IF you are NOT MIGRATING?
Just like my previous example, if one has YTLreit, one has exposure to Aud, and indirectly hedge against RM (with high portion) with AUD/Aussie properties.
While if one invested in Starhill Global Reit in SGX in Sgd, one is indirectly has exposure back to RM (although it is small portion only) with Starhill in its portfolio.
While one put money in gold, one has hedge against RM with USD.
Although the gold investment is in RM and the gold investment is in local, and perceived as non-foreign asset, one indirectly has hedge in USD which is identical owning USD.