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#1
09-21-2007, 01:23 PM
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Hedging your salary
Say you're working overseas in Asia but getting paid in US dollars. With concerns of the dollar's continual decline, what sort of strategies would be good with a long-term outlook in mind (at least 5-10 years)? opinions on short-term? Assume that your salary is at least $200,000. If that amount is still too small to worry about moves in currency, at around what amount does it begin to matter?
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#3
09-23-2007, 10:57 AM
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Re: Hedging your salary
you're getting discrete payments every couple of weeks, so you can just switch up the currencies then (most credit cards will let you charge in either currency for a nominal fee). If you plan on returning to the states, having most of your assets in the dollar still makes sense.
Plus you have an embedded option: if the dollar continues to get killed, your salary is actually going up. If the dollar outperforms, then you can ask for more money or leave and get a job in the US.
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