Yesterday, on my way to work, I noticed the oil prices and had a sudden thought.
'Even though global oil prices are low, the exchange rate is high, so even if fuel tax is reduced, the price remains this high.'
So when I think about ways to address the current exchange rate, there seems to be no answer other than revitalizing domestic stocks,
Now that Korean stocks have already risen considerably, can they be more attractive than US stocks?
Several factors come to mind.
+ There are still many undervalued stocks with low PBR and PER.
+ It is the first year of separate taxation on dividends.
- China's manufacturing dumping economy is also affecting Korea. -> Economic recession
- The population is steadily decreasing, and the working-age population is also declining.
- As the proportion of elderly population increases, support costs continue to rise.
Last year, when the Commercial Act amendment had just passed and the value-up initiative was underway, I increased my allocation to domestic stocks.
But this year, I'm not sure if domestic stocks are attractive.
If I look at it long-term over several decades rather than just a year, I'm not sure.
Now, even if US stocks just trade sideways with the high exchange rate, my assets can increase.
In this situation, can Korean stocks be more attractive than US stocks?
