How to Play the Dollar/Yuan Carry Trade
By roosevelt @ Jan 22, 2008 08:47 AM 1 comment
In the past year, I managed to book an annualized rate of return of 8.77% in my self-managed portfolio, but this just barely beat the Chinese Yuan's 6.9% appreciation against the dollar in the year. So I asked myself the question in December, should I just buy some money market fund in China for safe return instead of risking my principal in the U.S. equity market?
A quick step-by-step process of how to do the Dollar/Chinese Yuan carry trade for those who want to try. [PFblog}
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