Currency — not picking between won and dollar, and no FX hedging

In progressDecided Sep 30, 2026Review Dec 30, 2026

Decision

Keep the current setup with no currency hedging. Korean won covers living costs and an emergency fund; dollars are simply what came with buying overseas assets. New money goes toward the target weights for gold and essential-service stocks rather than into a currency bet.

Why

I worry that ongoing monetary expansion will erode the purchasing power of cash over time, whichever currency it's in. So I chose to keep money out of cash rather than pick a currency.

Expected outcome

Even if the won–dollar rate rises or falls beyond my preset threshold for a 'large' move within three months of the decision (September 30), I'll stick to this rule.

Options not taken

Buy currency-hedged products when the won is strong.
Revisit whenever the exchange rate leaves a preset band.

Since the decision

won/dollar rate -1.6% (Oct 31)
the won strengthened against the dollar — an interim picture; whether it was right is judged on the review date