For those expats who consider themselves settled in china, yet still having a securities account back home and expecting to live off it now or in the future: what are you doing, do you take into consideration the fact that you live abroad when allocating your stocks/funds/whatever?

I'm interested in this because looking back 10years, a euro could buy you 11RMB, now 8. All currencies and markets swing over time, but if you get two or 3 "bad" swings in a row, you could be out. And you don't need to be invested in speculative stocks to make a +/- 50%, just being in the wrong currency is enough. So even if it looks like it's going up in USA or whatever is your home currency, it could be completely different in CNY. Thoughts plz...

Give it away and go teach. Then you don't have to worry about it.

If your question is serious, don't post it on here where people ramble and in the open, but go talk to professionals. Seriously.

There are lots of financial products available for expats. I would suggest you do searches for your home country, as they will more easily convert to new products, when and if you return. They will also be able to help you with the tax situation.

Hi again, I think the pro's don't know, and the products available are AT BEST simple hedges at high rates (6% in hidden hedging costs, last time I checked) . A "product for expats" means what? Does it consider the persons need for CNY specifically? Please link me an example of such a product..being able to convert one product to another is hardly a benefit.. It's the ability to convert a product into cash that counts.

I found a 'survey' for expats in the financial pages of one of the quality papers a couple of years back. I assume there is still something there.

don't put all your eggs in one basket!

Magnifico, spot on, but the thing is that most allocation strategies are based on an investor profile, which is based on assumptions, a major one of which is that the investor will live in his home country. This is called "home bias".

Which baskets are the right ones? If we follow the typical US investors pattern, those who live in China should weight 73% of their equity assets to domestic (=Chinese) stocks, and ALL of their fixed income assets should be in CNY.

If you are worried about rmb euro, you could hedge yourself by buying etf funds that are long rmb and short euro. These are available on US exchanges.

Also, on US exchanges, are stocks of various Chinese companies. If you plan on staying in China long term but don't wish to buy land, then you could buy the adrs as a proxy for China assets.

However, the real solution is to generate rmb, so for Kunming that means teaching, become a landlord, start a business, or if you're completely risk adverse, transfer a significant amount your euros and then buy high yielding trust products. The last is not recommended but that's what Chinese invest their cash in.

if you think you will be around in 2045, to achieve singularity, bitcoin is the way to go.