Subject: Re: OT: Currency diversification
I'm learning about this stuff, haven't thought much about currency in regards to investments before (am U.S. based), so pls bear with me.
Norwegian Krone bond yield looks good: 3 month and 6 month about 4.4%
A quick search shows the Krone depreciating against the dollar by about 14.5% over past 5 years, similarly about 6.3% against the euro. Krone fairly sensitive to North sea oil prices, oil being the main generator of Norway's wealth.
Norwegian bonds might be great if you mainly transact in that currency, e.g. live/invest there, but would need to consider the trend against dollar or euro if you live in U.S. or EU and just hold funds in bonds denominated in NOK. Same for holding NOK.
No?
I like the 'generate yield' with low strike BRK puts idea. With China tariffs kicking in, put premia will probably be increasing even more soon.