Morgan Stanley: US Dollar Has No Credible Challengers; Reserve Currency
Status to Endure – Economics Bitcoin News
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The Chinese yuan, often considered a potential rival to the U.S. dollar,
currently falls short and is unlikely to dethrone the greenback. Read More
55 minutes ago
From start 2010 to end 2017:
ReplyDeleteOpportunity cost in inflation: 18.9%
Opportunity cost with being invested in STI ETF (dividends re-invested): 42%
For those who believe in global diversification;
opportunity cost with being invested in ACWI ETF: 92% (in USD, slightly lesser in SGD) excluding dividends.
Opportunity cost for being able to sleep well at night: Priceless! ;)
PS: Portfolio value had some roller coaster rides if you were fully invested between 2010 & 2017. Especially STI ETF!