Magnifico, spot on, but the thing is that most allocation strategies are based on an investor profile, which is based on assumptions, a major one of which is that the investor will live in his home country. This is called "home bias".
Which baskets are the right ones? If we follow the typical US investors pattern, those who live in China should weight 73% of their equity assets to domestic (=Chinese) stocks, and ALL of their fixed income assets should be in CNY.
Hi again, I think the pro's don't know, and the products available are AT BEST simple hedges at high rates (6% in hidden hedging costs, last time I checked) . A "product for expats" means what? Does it consider the persons need for CNY specifically? Please link me an example of such a product..being able to convert one product to another is hardly a benefit.. It's the ability to convert a product into cash that counts.
For those expats who consider themselves settled in china, yet still having a securities account back home and expecting to live off it now or in the future: what are you doing, do you take into consideration the fact that you live abroad when allocating your stocks/funds/whatever?
I'm interested in this because looking back 10years, a euro could buy you 11RMB, now 8. All currencies and markets swing over time, but if you get two or 3 "bad" swings in a row, you could be out. And you don't need to be invested in speculative stocks to make a +/- 50%, just being in the wrong currency is enough. So even if it looks like it's going up in USA or whatever is your home currency, it could be completely different in CNY. Thoughts plz...
For the record, Wizardsgsroup in Philippines replied to my enquiry, and quoted GREAT prices. 3 days of advanced sql, including certification, for 21500PHP. Thats about 1/6th of the price for the same thing in Europe.
Nice atmosphere and cosy but the western food is bad. I think they deep-fry the burgers. As a cafe - 4 stars (service is a little bit lacking at times), coffee and cakes etc are good. As a restaurant, 2 stars (western food is too bad, asian food is mamahuhu).
"All the Meat" only had about 3 slices of salami on it, so maybe i got the wrong order. Anyway, leaving that aside - soggy bread, ketchup as tomatosauce, and cheese was probably from a tube.
Potato wedges soggy as well.
I left half my meal, the only thing up to scratch was the coke and the service. Will not be back.
If the name of the shop is written in english then they should speak english, yes! A pokey shithole trying to give the impression of a quaint li'l ole bookshop. Pig-ignorant staff, never been greeted with a smile there, nor even greeted. If you must shop here, bring your own bag. 1 star earned for selection and the (for me) convenient location.
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New taxi placards target 'civility'
发布者Who is going to manage to read the sign as the cab is passing by.
There are too few cabs and too few busses. Ban private cars from the city center.