There is a lot of interest in this currency because everybody knows that it is terribility undervalued. Over the past 1 year, the Chinese government allowed a slow appreciation of Yuan against the USD by 11.3% !  I have always been asked on how to invest in chinese yuan currency.  My answer is that it cannot be done properly. Either a person opens a bank account in China (not possible for most people) or that one has to buy Yuan currency from money changer. The latter is as good as putting the money under pillow forfeiting interest which can be a significant component. Recently I found a way to invest in Yuan without the need for a bank account nor money changer.  Note that as the Sing dollar has been appreciating against the USD, the CNY/SGD change has not been too exciting. Anyway the method I found is only for Accredited Investor. 

I have been asked many times the above question. I can only answer the question indirectly. If an ETF fund size is low, it becomes unprofitable for the fund manager. Naturally it will close down eventually. An example is XShares Advisors which will be liquidating its Adelante  family of ETFs. I just chceked that the liquidity is very poor on their ETFs. While low liquidity does not automatically imply low fund size, the low liquidity is an indication of the lack of interest by investors to invest in a fund. Read here: HERE for more information on Adelante ETFs.

I heard from church announcement that my friend died suddenly after collapsing yesterday. The death was unexpected. Everybody got shock. He was only in his forties. I know him for more than 10 years already. This gets me thinking – if I would to die tomorrow, how would I live today? If my love one would to die tomorrow, how that would change the way I live?  

Dear Wilfred, 

I write this email as a warning to a possible 'churning con' from X bank.