Imagine you are based in Taiwan, never mind if you are a local or foreigner there. You probably have to exchange TW dollars to US dollars in order to invest in the US markets.
From the forex perspective, you are already in a loss position of more than 13% from April onwards, never mind if your SPX or QQQ ETF has outperformed.
Say it has gone up by 20% , your net return is actually only 7% if you convert it back to TW dollars.
In a way, these people are stuck as they can't sell or if they do, they probably suffered a loss or breakeven assuming they entered early into the market. And if the bull run continues, there is no way they can participate unless the TW dollars starts to depreciate which imo will take a long time.............
Options ?
Get out asap of the US assets and buy gold (physical ones) that are sold in TW dollars. I am lucky to be in SG and the SG dollars has been strong against the USD thus far.
From the forex perspective, you are already in a loss position of more than 13% from April onwards, never mind if your SPX or QQQ ETF has outperformed.
Say it has gone up by 20% , your net return is actually only 7% if you convert it back to TW dollars.
In a way, these people are stuck as they can't sell or if they do, they probably suffered a loss or breakeven assuming they entered early into the market. And if the bull run continues, there is no way they can participate unless the TW dollars starts to depreciate which imo will take a long time.............
Options ?
Get out asap of the US assets and buy gold (physical ones) that are sold in TW dollars. I am lucky to be in SG and the SG dollars has been strong against the USD thus far.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.