DOLLAR: LOVE IT OR HATE IT

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The dollar being the reserve currency, it is tied up with global inflation, and to slow it down, the central bank has to strengthen the reserve currency. This means higher demand on owning a dollar because people/institutions would want to own a stronger currency to keep them afloat against inflation. With most commodities priced in dollars, this means that other currencies will continue to lose value if global inflation isn't controlled. For that reason, there are governments and institutions that wanted to break away from a dollar-dominated market hence they're considering digital currencies as a viable storage of value. The…

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Asking questions can be a strength.

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I came from a country where "not knowing" is frowned upon but you're kind-of worshipped if you've known something that others don't--same concept applies to tenured employees and "just because" politicians. As I become more aware and less pretentious (lol), I find the culture ridiculous, it builds a false facade of strength on a weak foundation. How can you possibly know everything or worse pretend to know a plethora of topic without any help? I strive to learn everyday, but learning also entails asking questions. You grow by asking them too, it's not weakness, it is actually a strength. Coming…

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Investment Performance for 2023

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In this year I made major adjustments on my investment approach. I made this change because of the painful experience of losing a lot of money in 2022. And I realized that life has a lot more to offer than constantly checking on the positions I hold and trade them multiple times per month. I got sucked into the idea that trading is the better way to make it big in the stock market. As a trader in the Philippines, I never thought of tax implications that come with trading equities. It's a very different experience in the US. There…

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