JK @mytradingspace πŸš€
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✨trade futures for living
✨#FCPO #BTC #HODL
✨posts charts, trading, mindset, good food, fun in life ;-)

πŸ“± Tg: @mytradingspace
πŸ“Έ IG: @traderjeannek
🐣 Twitter: @jeannekong
πŸ“Kuala Lumpur, MY
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πŸ”₯ Inflationary pressure going into late2021 β€” link

#inflation
#commodities
#FCPO
US #inflation hits 7%, 40yrs high.
Msia figures is similar, if not higher..πŸ€ͺ

#fcpo πŸ“ˆπŸ˜
#fcpo
#inflation πŸ’ΈπŸ’Έ
had been talking bout hedging our cash value against inflation since forever…

Quick link back to some posts:πŸ‘‡πŸ»
πŸ”—Hedge3
πŸ”—Hedge2
πŸ”—Hedge1

Personally am holding most cash in usd/usdt. Not that Im bullish US, but it’s the strongest available currency, for now.

Looking to get back into BTC & ETH (value/inflation hedge), it’s already a steal for me now at sub40k/3k, just being picky with my bids. Once bought, this round not gonna sell for next 5-10yrs. Can’t pinpoint the future $target as I believe the denominator is gonna lose value real fast, any numbers that feels impossible can become possible.

Am also looking at physical assets (inflation hedge), might even add some gold (strong technicals) in the portfolio. πŸ’Ό

Hope this answer some of your queries. :)

#hedge
#inflation
#5yrPortfolio
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similar, maybe worse hereβ€¦πŸ‡²πŸ‡Ύ
β€” link

#inflation
#hedge (check pinned msgπŸ“Œ)
US CPI (July) came out slightly lower at 8.5%
While core inflation still ticking up.

#CPI
#inflation
This the EXACT situation we’re in now.

Even a digital-everything me decided to hedge some cash into physical assets like a πŸ‘πŸ™‚

#inflation
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Economic survey toniteβ€¦πŸ˜

🍜 minced meat noodles $9
🍚 single-serve stir fry vege rice $10
πŸ— fried chicken (side dish) $6
🍺 sour plum juice $12
πŸ₯‘ soybean tongshui $4
β€”β€”β€”β€”β€”β€”β€”β€”β€”
2pax dai pai tong (hawker stall) dinner @ $41 πŸ‡²πŸ‡Ύ

If I add another $20-30, can get MUCH better food, service & environment in an air-conditioned restaurant.

Food prices has in fact RISEN FASTER on the streets than in more pricey eatouts.

Food Inflation, as always, hit the lower income groups the hardest.

What can we do?
1) Stop complaining.
2) Focus the energy on increasing our income. πŸ’ͺπŸ’ͺ

#fighting πŸ™ŒπŸ»
#inflation ♨️
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US CPI: 7.7%
Inflation eased in Oct. bullish πŸ‚πŸ“ˆ

🐣https://twitter.com/jeannekong/status/1590702118092304388?s=46&t=logSxnWXdGV3TugMPxLm8Q