I'm gonna be in singapore for atleast 3 months, and i have no idea which card to use to minimize transaction or hidden fees.
Right now i am using icici Ferrari platinum credit card.
submitted by As the title goes, anyone here actively pursuing trading as a full time/side hustle?
Do share the what type of asset class, time zones you work with.
For myself I take forex positions after work, during US open and close them around 1am. Been looking to explore into the class of index futures next time.
submitted by Forex Trading for beginners can be especially tough. This is mostly due to unrealistic expectations that are common among newcomers.
submitted by I'll just do a thought dump on these two topics here.
What is inflation? Text-book definition is it's the general increase of price of goods and services. Yun bubblegum mo na piso dati ngayon dalawang piso na? Bingo. Inflation is a natural occurrence in market economies. You'd hate to have the opposite because it's a
trap (insert meme here)
Is all inflation between countries the same? From a country-to-country basis, no. For example, food is the biggest weighting to Philippine inflation figures with nearly 40%. If food costs troop upwards, Philippine inflation will likely move similarly. This is in contrary to Singapore where food has a smaller weighting to their inflation figures.
Is inflation a problem? It depends on who you ask. Ideally, you want inflation to be low and consistent. If less than ideal, you just want it to be consistent. You definitely don't want any negative inflation -- that is why Japan welcomes all forms of inflation. You also don't want inflation to be low as a result of low domestic demand; that's what China is currently facing as the
odd benefit of their ongoing real-estate crisis and strict COVID policy is dampening demand and ironically keeping inflation low during a time where most developed nations are struggling with it.
Can I protect against inflation by switching PHP to ? You're not comparing apples to apples. Inflation is the increase on the prices of goods and services; it doesn't affect your currency. One peso is
still one peso -- it's just that the purchasing power of the peso changes. You need to understand that if you put 10-pesos in the bank today, it's still 10-pesos in 2023. Many people in phinvest have this misconception na nagiging 8 or 9, trust me, your 10 remains a 10 unless may nagnanakaw sayo; it's just that you can buy less products with it. Knowing the difference of this concept is incredibly important for those learning economics.
Why isn't the BSP moving to strengthen the Peso? The BSP generally adopts a hands-off approach and just lets the peso float in the free market. However, it intervenes from time to time (like recently) as it sells its dollars and buys pesos in the market to stabilize it. However, this is a short-term solution for volatility. Right now, we're in the middle of the pack. The peso isn't weak, it's just that the dollar is strong.
It has always moved cautiously because you don't want to be the next Venezuela. If the BSP aggressively hikes to strengthen the peso, what it'll likely do is stifle growth within the country and this furthermore leads to the road to Argentina. Gusto niyo ba car loans niyo mag +50%? Thought so.
Pangit ba if mataas ang USD/PHP? In general, yes. Because the Philippines imports more than its exports since 2010. However, running a negative trade balance isn't always bad. For example, the US has been running a deficit for a very long time. If you're still confused, read up on international trade because it'll be a long topic.
What a rising dollar means is that it's unfavorable for imports and favorable for exports. The pendulum can swing at any time (e.g. USD/PHP at 40s during 2008) and one isn't necessarily better than the other; maybe it's time to improve our export industry by reviving the manufacturing base as Filipino products are getting more competitive versus the dollar.
What's important is the relative stability of the PHP. Hindi yun 40 today, 60 tomorrow. Businesses cannot function when forex markets are extremely volatile (they'll likely just close stores if they do). But a gradual increase or decrease is fine because it doesn't shit on their decision making.
Pangit ba if malakas ang Peso? Like I said, it depends on where you are sa export/import balance. If you're an OFW, you'd hate it because you're suddenly remitting less pesos than you're used to. If you're like Japan in the 1980s, it's the downfall of your economy.
Case study: In the 1980s, Japan's economy was booming. It's the #2 economy behind the United States as its exporting a lot of Toyota, Fujitsu, Panasonic, name it. From Y240 in 1985, it appreciated so much that by 1995 it hit Y80. At its peak, it temporarily made Japan's economy nearly the same size of the US but it hurt export growth and the industrial base so much that Japan never really recovered their number two spot ceding it to China (it now grapples with deflation throughout much of the 2000s).
Case Study #2: Ironically, China learned from this and intentionally made the Yuan undervalued versus the USD throughout most of its economic growth cycle. It does this by buying US currency and treasury notes in the market and this is also why they have massive foreign reserves.
The cheap Yuan gives China an unfair advantage in the export market and couple this with their manufacturing base means the rise of China to be the number-two economy through "Made in China"
I moved from PHP to USD/EUGBP, what do I need to know? First of all, you lost a bit as the money changer got a bit of their share in your spread. So, all things considered, you already lost money. Since you switched currencies, you're now exposed to
that currency and everything that affects it.
Is it okay to hate inflation but like rising wages? Well,
no. You see, not only does the increase of raw materials affect inflation but also rising wages. All else equal, if wages rise and there's one banana left in the supermarket, and you really want to go all-in monkey today -- you'll do a bidding war for that banana. That's how US inflation happened as they gave out stimulus cheques during COVID to prop up the economy.
USDPHP, san ka punta, to da moon. USDPHP will be favorable short-term but tapers off long-term. This is because the DXY is already at an all-time high with levels not seen since 2002. The US Federal Reserve is hiking rates to tame inflation, but they can only do this as long as employment is high in the US. If the labor market cools, it's expected to let off the gas pedal. The BSP will likely just follow the Fed much like the rest of the central banks of the world. If they hike, we hike. There's only few that resists this trend such as Japan's BoJ or China's PBoC.
If you ask me, I'd say short-term it'll peak at P62-P63. But medium-long, I'd say an average of P55 is likely. If you want to believe UBS (min. P150M in the bank), then they're sticking with P60 as peak. The more you expect a recession to come, the faster you should expect it to cool.
Marcos Golden Era here we go. Please, bumalik ka na sa
philippines kasi nakakabobo nitong statement. Don't attempt subjective politicking in phinvest. Our current predicament is inherited. We inherit our 2022 budget, our trade balance, and even our dollar reserves. Even if Leni wins, you'd be faced with the same headwinds as Marcos. Heck, it's likely same lang nga economic team nila regardless of who sits in Malacanang. I don't see Diokno being replaced anytime soon.
For further questions, just type them sa baba. I'll try to answer them if free time pops up.
submitted by Currently, there many different financial centers around the world that handle Forex options trading. The major Forex options markets include London, Tokyo, New York, Hong Kong, Paris, Sydney, Zurich, Frankfurt, and Singapore. These are all located in various time zones, which is why Forex options trading can technically be done 24 hours a day. 1 A brief overview of the Forex options market. 1.1 Why are forex markets so volatile? 1.2 How can I earn money by trading Forex options? 2 Is trading forex a good way to increase your demo balance on Binomo? 3 Step-by-step forex options trading guide on Binomo. 3.0.1 Open a Binomo trading account; 3.0.2 Log into your Binomo account; 3.0.3 ... BINOMO TRADING - Silahkan login atau register Binomo disini, dapatkan pengalaman trading anda, bisa langsung daftar disini , otomatis terdaftar ke BINOMO.BIZ The best reason that many are taking Binary options trading as a “Online jobs in Singapore”, because it gives you freedom to work for your self and you are your own boss. You need not work for any BOSS and there is no upper limit to your earnings in Binary Options. You can start this by investing just $100 . But at least $ 500 is recommended for a reasonable return on your investment and ... Sejarah singkat broker Binomo. Olymp Trade perlukah menggunakan jasa seorang broker - kisah kejayaan pedagang di Indonesia Binomo is a simplified version of trading on the stock market. In trading binary options, the same data, assets and quotes are used as in traditional trading. You can start trading with a deposit of only $10, and transactions can be made starting at $1. SignalPro Trading Binomo, Olymtrade, Forex, Bitcoin, IQoptions dan semua jenis trading - Dengan adanya software ini para trader pemula bahkan yang baru buka akun ga perlu kawatir ataupun panik. Rezeki sudah ada yang ngatur... - Gimana sih cara kerjanya? penasaran saya mas + Jadi begini mas.... Software Signalpro tebaru ini mampu memberikan sinyal akurat hinga 90 persen (pengalaman priba How then do forex trading taxes work in Singapore? Most brokers that facilitate day trading do not have a tax agency. This means they make zero deductions in terms of taxes. The legal responsibility rests solely with you. If you’re trading forex on the side, any and all profit is tax-free. However, if you’ve given up your day job to trade currency, you will be required to declare it and ... Forex Trading Singapore may be profitable exercise only if it is approached carefully and with diligence. A good strategy for new traders is to find a reliable trader and to learn all they can about Forex Trading before they begin. At ForexSingapore.sg we help you find the best trading platform in Singapore to give you the best chance to be a ... Forex factory binary option fx options disadvantages automated forex trading wiki forex signal 30 gold contoh trading di platform demo Binomo edition free downloadhow to become broker forex forex tester warez forex trading full time Images for kursus forex singapore Cara trading news forex reviewed pada hari pengertian kurs valas saya kursus forex lombok kraken system kraken is a binary ...
Entra en nuestra web: https://www.bbvaaprendemosjuntos.com/es Suscríbete a nuestro canal de youtube: https://www.youtube.com/channel/UCI6QcXatdaEAaRTRjl3dc0w... This video is about my Air Zimbabwe B767-200 and B737-200 flying adventure inside Zimbabwe. Is flying Air Zimbabwe really dangerous? In the video: 0:57 Flyin... Trade Achievers Training Academy - For Vikatan Subscribers avail 40% Discount To Register https://bit.ly/2pz39df Mr. Kishore Kumar is professional trader and... CLICK HERE - https://www.itpm.com/ - On February 7th 2013, the Institute of Trading and Portfolio Managements Managing Partner Anton Kreil was interviewed at... iq option withdrawal singapore iq option withdrawal sri lanka iq option withdraw tamil iq option withdraw to bitcoin wallet iq option withdraw to skrill iq option withdraw webmoney iq option ... làm thế nào to kiếm tiền trực tuyến binomo http://vietnambinomo.blogspot.com Đăng Ký tài khoản nhận 1000$ miễn phí : http://vietnambinomo ... IQ OPTIONS में पैसे कैसे DEPOSITE करते हे और WITHDRAW कैसे करते हे ? very important message : अगर सब कुछ try करने ... These powerful money magnet affirmations will change your mind set into one of wealth, prosperity, and abundance. Listen while you sleep to this wealth affir... 5 lugares donde hay mas mujeres que hombres Singapore vs India Education System Analysis by Dhruv Rathee - Duration: 11 ... WHAT IS FOREX TRADING? TOP 5 🖐 FX QUESTIONS - Duration: 10:18. UKspreadbetting 10,421 views. 10:18 . Binomo 100 ...