Leonardo Drago

FILE PHOTO: U.S. President-elect Donald Trump speaks as he meets with House Republicans on Capitol Hill in Washington, U.S., November 13, 2024. REUTERS/Brian Snyder/File Photo
THIS TIME IS DIFFERENT

China nibbles at dollar dominance and US’ control over global money flows

The greenback currently accounts for about 70% of international currency usage, against the yuan’s 6%

Russia's President Vladimir Putin speaks during the BRICS summit in Kazan on October 24, 2024. (Photo by Alexander NEMENOV / AFP)
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A Brics alternative to the dominance of the US and the dollar

The bloc may not succeed in its aim, but investors should pay close attention to developments

Is the US Federal Reserve's latest 50 basis point cut in interest rate good or bad for markets? History suggests investors should be wary of rate cuts, but ultimately such views may not be useful to investors.
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Investment noise versus useful information

Strategise by studying financial history, applying it to the current environment, and coming up with an educated forecast of what to expect...

The main reason for billionaire investor Warren Buffett's success is investment longevity; he never interrupted the compounding of returns of his portfolio.
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Investment longevity: the secret behind Warren Buffett’s success

This requires avoiding unnecessary risks, not maximising portfolios for gains, but minimising for fatal downside risk

Global lives and global portfolios mean ultra high net worth individuals need a wealth manager who understands their increasingly broad and complex set of needs.
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Structuring for complex family needs: Act globally, think locally

It’s important to understand all capital has an impact, and to look at value through a wider lens

Good money managers who have survived calamities understand that risk control is the most important aspect of their business.. As an investor the most important aspect of building your portfolio is having sufficient diversification.
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Ability to survive a calamity is the key to staying wealthy

Remaining rich requires a high level of diversification and heightened paranoia about the future

Once you have accumulated enough to ensure your family's necessities for the rest of your life, actively work at being content with what you have.
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Money and happiness: a lesson I learnt after 30 years in wealth management

If you keep chasing after money, there is never quite an endgame because you just set successively higher wealth-accumulation goals. And you...

man, old, view
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A formula for your retirement nest egg

Investors who have more than enough assets for their lifetime may consider the most conservative strategy to build a multi-generation nest egg

As gold hits record prices, prices of commodies such as cocoa have also risen.
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Pay attention to commodities in an inflationary environment

As the demographic structure of inflation in developed markets may be shifting, exposure to commodities in portfolios will aid diversification

The stockmarket rally has broadened widely over the last three months, suggesting a healthy bull market.
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Embracing stock markets’ all-time highs

Narrow leadership often marks the peak of a bull market, but this isn’t the situation currently