Taiwan Dollar Soars! Financial Expert Suggests Increasing USD Purchases for US Stock Investments

The US dollar is entering a depreciation trend, and today (12th), the New Taiwan Dollar appreciated by 2.6 cents, closing at 29.66 TWD. A financial expert revealed that he took advantage of this opportunity to increase his USD purchases, and has been consistently using USD to buy US stocks monthly for years, leading to asset growth of over a million TWD.
Financial expert Bao Ke Meng stated that he is preparing to invest about 2,000 USD monthly, as the dollar is at a low point, allowing him to buy a bit more. He emphasized that this is not the right time to liquidate USD, so his strategy is quite simple: he continues to regularly invest in US stocks using the USD he exchanges, thus avoiding any losses from currency sales.
He showcased his app, showing that since 2020, he has been consistently purchasing USD each month and using that to buy US stocks, accumulating investments of around 3 million TWD, which have grown to over 4 million TWD. If he sells now, he could earn a profit of one million TWD.
His investments mainly consist of US stock ETFs and global bonds, emphasizing that such an approach minimizes the impact from any single market's fluctuations, and he does not engage in short-term trading. Analyst Du Jinlong suggested that the dollar is likely to continue weakening, and the Taiwan dollar may appreciate further. If one plans to invest in USD or US bonds, it might be wise to wait a bit longer.
Du mentioned that it’s better to wait until Taiwan's tariff adjustments are completed before considering buying USD, as that would present a better opportunity. He also commented that a weak dollar could be a confirmed situation for the US bond market, indicating a need to stay observant regarding fluctuations given the uncertainty surrounding President Trump’s tariff policies.