{"id":1823,"date":"2025-02-14T08:39:48","date_gmt":"2025-02-14T11:39:48","guid":{"rendered":"https:\/\/glina.us\/?p=1823"},"modified":"2025-03-26T18:23:11","modified_gmt":"2025-03-26T21:23:11","slug":"altas-baixas-dolar","status":"publish","type":"post","link":"https:\/\/glina.us\/en\/altas-baixas-dolar\/","title":{"rendered":"Dollar Ups and Downs: When Is the Best Time to Buy?"},"content":{"rendered":"

A long streak of unexpected drops \u2014 followed by a slight rebound. The U.S. dollar's exchange rate in the early months of 2025 has been unstable, leading many Brazilians to wonder: When is the best time to start building wealth in dollars?<\/p>\n\n\n\n

For some, the dilemma goes even further: Why build financial wealth in U.S. dollars? Is that strategy right for me?<\/p>\n\n\n\n

We brought some of the most common questions to Michelle Veronesi, founder and CEO of Glina. With over 20 years of experience in the financial market, leading major sales and product teams, Michelle is an expert in offshore product structuring.<\/p>\n\n\n\n

Read her insights below.<\/p>\n\n\n\n

    \n
  1. After a series of declines, the dollar started rising again. Would you recommend waiting for it to drop again before starting to protect wealth in dollars?<\/strong>
    Michelle: <\/strong>Eu costumo dizer que o melhor dia pra construir patrim\u00f4nio em d\u00f3lar foi ontem. Me pergunte amanh\u00e3 e te responderei o mesmo. \u00c9 simples assim. Quem ainda n\u00e3o come\u00e7ou esse movimento, tem que come\u00e7ar agora. N\u00e3o tem de esperar uma nova baixa.
    <\/li>\n\n\n\n
  2. What\u2019s the logic behind your recommendation? Why doesn\u2019t it make sense to wait?\n\nMichelle: The market is constantly changing and largely unpredictable. The strategy is to invest gradually to mitigate the impact of sudden increases. By investing consistently, you can achieve a good overall performance.\n\nFrom 2013 to 2022, the dollar appreciated an average of 10% per year against the real. Those with global assets captured that additional gain.\n\nIf Brazil itself holds reserves in dollars, why shouldn\u2019t we, as individuals? According to a J.P. Morgan report, 60% of the world\u2019s reserves are in dollars.<\/li>\n\n\n\n
  3. So, is it fair to say, \u201cIf you don\u2019t convert, you\u2019re not protecting\u201d?\nMichelle: More and more studies and data support what I\u2019ve been advocating for over 20 years in the financial market: protecting part of your wealth in a strong currency is a logical strategy.\n\nThe recommendation isn\u2019t to convert 100% of your assets \u2014 but having a portion of your portfolio in foreign currency is essential to help protect your purchasing power in the face of real depreciation.\n\nA recent study by FGV (Getulio Vargas Foundation) found that at least 16% of Brazilian financial wealth should be in a strong currency. More aggressively, Ita\u00fa Unibanco recently revised its guidance, suggesting that up to 45% of a portfolio should be exposed to foreign assets.<\/li>\n\n\n\n
  4. When you talk about wealth protection, what other factors are involved beyond the exchange rate?\nMichelle: Protection isn\u2019t just about exchange rates. Every Brazilian should have access to offshore structures located in more stable territories \u2014 this helps mitigate risks like potential legal and tax instability, which are more common in developing countries.<\/li>\n<\/ol>\n\n\n\n

    What advice would you give to someone who\u2019s still not convinced about protecting their wealth?\nMichelle: I\u2019d say: do more research. Brazilians have one of the strongest \u201chome bias\u201d tendencies when it comes to building wealth \u2014 according to a study by the International Monetary Fund published by U.S. brokerage Charles Schwab. We\u2019ll only change this by becoming informed and exploring alternatives.\n\nInternational portfolio diversification improves the risk-return ratio by reducing overall portfolio risk. That\u2019s another insight from the FGV study I mentioned. It also allows for allocating assets across regions like Asia, Europe, the Americas, and Oceania \u2014 which minimizes the impact of local crises and creates opportunities to benefit from regional growth.\n\nIt\u2019s time for Brazilians to open up to these opportunities.<\/p>\n\n\n\n

    <\/p>","protected":false},"excerpt":{"rendered":"

    Uma longa sequ\u00eancia de baixas \u2013 inesperadas – e, logo, uma nova leve subida. A cota\u00e7\u00e3o da moeda americana nos primeiros meses de 2025 tem sido inst\u00e1vel o que faz muitos brasileiros se perguntarem qual o melhor momento para constru\u00e7\u00e3o de patrim\u00f4nio em d\u00f3lares. O dilema de alguns vai al\u00e9m: por que construir patrim\u00f4nio financeiro […]<\/p>\n","protected":false},"author":2,"featured_media":1871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[23],"tags":[],"class_list":["post-1823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-protecao-de-patrimonio"],"acf":[],"_links":{"self":[{"href":"https:\/\/glina.us\/en\/wp-json\/wp\/v2\/posts\/1823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/glina.us\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/glina.us\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/glina.us\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/glina.us\/en\/wp-json\/wp\/v2\/comments?post=1823"}],"version-history":[{"count":2,"href":"https:\/\/glina.us\/en\/wp-json\/wp\/v2\/posts\/1823\/revisions"}],"predecessor-version":[{"id":1872,"href":"https:\/\/glina.us\/en\/wp-json\/wp\/v2\/posts\/1823\/revisions\/1872"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/glina.us\/en\/wp-json\/wp\/v2\/media\/1871"}],"wp:attachment":[{"href":"https:\/\/glina.us\/en\/wp-json\/wp\/v2\/media?parent=1823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/glina.us\/en\/wp-json\/wp\/v2\/categories?post=1823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/glina.us\/en\/wp-json\/wp\/v2\/tags?post=1823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}