How To Manage Money In The "Pentium Era"

Light savings, heavy investment, light dollar and Australian dollar

After about half a month's callback, the renminbi has entered the rising channel against the US dollar.

In 5 years, the RMB appreciated 24%.

Wang Yin, International Business Department of Zhejiang branch of ICBC, said that if the calculation was made since 2005, the appreciation of RMB against the US dollar would be 24%.

"From the objective value analysis, the appreciation of the renminbi means that the votes of the people in their hands are more rigid and more purchasing power. The most direct feeling for us is that we can enjoy more services when we consume foreign money," he said.

According to the introduction, if we travel to the United States for ten days in 2005, we need 25000 yuan, but now the total appreciation of RMB has exceeded 20%. Now it is about 20 thousand yuan.

That year, to study in the United States to spend 300 thousand words, now estimated at 25 million.

In this way, the appreciation of the renminbi has brought some good results.

At the expense level, the appreciation of the renminbi will bring about a decline in the prices of foreign goods, and imported cars, high-end clothing, cosmetics and so on now we can enjoy it at a lower price.

However, most people are more concerned about the latter when spending money and saving money. What does the appreciation of the renminbi mean for the majority of people? Wang Yin said that because the renminbi is pegged to the US dollar, the appreciation of the renminbi means that the US dollar depreciates. If you invest in US dollars or save dollars, the annual income will be less than 6%, which means that the US dollar investment is actually a loss.

dollar

The appreciation of the renminbi has caused the shrinking of assets in the hands of the people investing in the US dollar.

So, for those people who are worried about loss of interest and how to avoid the risks brought by the appreciation of the RMB, how should we deal with it? Wang Yin believes that the renminbi will continue to maintain an upward trend against the US dollar in the next period of time. Therefore, if we retain a large amount of US dollar assets, we should let the assets shrink, and suggest that the US dollar be exchanged for other currencies, such as the Australian dollar. These two currencies have been appreciating against the RMB this year, or simply make some foreign exchange investments.

Wang Yin analyzed that the trend of the depreciation of the US dollar will continue for some time now, and with the past of the debt crisis in Europe, there will be room for appreciation of the euro and pound. At this time, the US dollar can be converted into euros or sterling.

Guo Jian, general manager of the wealth management department of Pudong Development Bank Hangzhou branch, said that because the gold price in the international market is in reverse operation with the US dollar, it is better to change the US dollar assets into gold investments, gradually change positions when the gold is down, and increase the allocation of gold assets. In addition, investing in B shares is also a good choice, because the appreciation of the renminbi means that the assets denominated in Renminbi are more valuable.

Although B shares are priced in foreign currency, the assets of B-share Companies are denominated in Renminbi, so B shares will be the beneficiaries of RMB appreciation.

Relative to A shares, B shares are still valuable depressions.