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This is a short thread on Fx risks, devaluation and asset portfolios👇🏽
#ManagingWealth #AssetPortfolio #FxRisks #WO 1/24
#ManagingWealth #AssetPortfolio #FxRisks #WO 1/24
This thread was inspired by a tweet exchange I saw between @Segalink and @eldivyn on a very interesting topic but the comments from people suggest that many people don’t understand the impact of FX risks on individual’s asset portfolio.
#FxRisks #Advisor #WO 2/24
#FxRisks #Advisor #WO 2/24
Mr A and Mr B were given a cash inheritance of N60 million each after the death of their rich grandfather in Year 2000. This was during the Obasanjo years when the Fx rate was about N120/$. The inheritance was worth about $500,000 - cool money!
#ManagingWealth #FxRisks #WO 3/24
#ManagingWealth #FxRisks #WO 3/24
