One big concern I get from readers is the falling USD. Fair question – especially since I invest for dividends. And US stocks form a chunk of my portfolio. One big concern I regularly get from readers is the falling USD: “Hi Willie, what do you think about the de-dollarization of the US dollar and its impact on earnings of global US companies?” “Is there a cause of concern in US stocks due to currency risk?” “What’s your take on the US dollar against the Singapore dollar? Do you hedge against currency risks?”  Fair questions – especially since I invest for dividends. And US stocks too form a chunk of my portfolio. So… let’s dive in. First things first, USD has traded close to 5% lower year to date, and has fallen ~5% against the SGD – trading around 1.29/SGD. This is a pretty big drop for the world’s biggest currency. De-dollarization of USD Let’s address the elephant in the room — de-dollarization....