And a Latte to go

A Latte, though, has got to be Starbucks. I like to pair my a la carte Big Mac with a Latte – only when there is a 1-for-1 offer at Starbucks. Just the day before, i used the Big Mac Index to gauge if foreign currencies are under- or over- valued relative to our localContinue reading “And a Latte to go”

One Big Mac, please

I have discussed the pros of capitalising undervalued foreign currencies by travel to another lower costs city/country via Quasi Geoarbitrage and buying more foreign currencies by taking advantage of foreign currencies drops. However, how would we know if the foreign currencies are under- or over- valued relative to our local currencies? The Big Mac IndexContinue reading “One Big Mac, please”

Quasi Geoarbitrage

Geoarbitrage basically means relocating to another city/country in order to take advantage of the lower costs in that city/country. However, it may not always be practical to uproot yourself to another location because of friends and family ties, your career and the prospects of facing new risks. However, many of us actually carry out someContinue reading “Quasi Geoarbitrage”