nope. it'll never work

dude, i'm from cari also...hehe
i know akfoo and baimunan them...

but cari ppl all speak mandarin, so i tot of coming here in lowyat, to find some english speaking malaysian for gathering...

this saturday, let me confirm with you!

This post has been edited by titanhrk: Jun 10 2009, 01:09 PM

Hi.

How is it there?
Compare to Malaysia.
I mean the positive part that Malaysia don't have.

every1 is a millionaire if tats work!! cheers!!

i suppose its not like that coz the buy price is always different with the sell price.


haha ya i guess so coz i think i saw ur nick before.

nvm lah u wan me speak english wif u also can 1.


well the more obvious 1 :

- general safety
- public transport
- more organized Infrastructure / facility

This post has been edited by Chrisky: Jun 10 2009, 03:00 PM

ok, let say my salary is SGD 2,500 per month

If I dun convert to AUD, I straight convert to RM, I will get RM 6,000

If I convert to AUD 1st, I will get AUD 2,273, ok I will take AUD 2,273 bring back M'sia to convert to RM and I will get RM 6,364.

I will gain RM 364.

What's ur view on this?

hehe, good good,
actually don't get me wrong in my previous post.
its not that i despise ppl that speak mandarin, just that i have been speaking a lot of mandarin since i came here and i think my english is getting 'koyak'...
lol
hope to see you soon bro!

oh ya, how often do lowyat ppl do gathering in sg?

Chrisky's spot on. All currency transactions will have a lower buy and higher sell price (from the bank or money changer's perspective). That represents the spread which the bank or money changer profits from.

So when you buy, they give you their higher sell price. And when you sell, they give you their lower buy price. It's like a casino. They've already calculated all the possibilities when they set their spread. You cannot beat them at their own game.

Besides, if there was such a big kapla jumping on the street, would you be the first person to capitalise on it? No... right?

This post has been edited by seantang: Jun 10 2009, 01:35 PM

lulz,
plz refer to chrisky post

buying rate and selling rate are different
this is where most of the money changer earn the money...

yea, technically speaking you are correct, but just as what chrisky said, the buy price is always different than sell price.

and if you do the maths, you only earn like 6 percent.

yes u will gain but never do that in a long run.
save the money in SGD not in RM because the value drops tremendously.
so even though the exchange rate is high, convert the money when it's needed to be spent like:
to buy property, cars or etc.

I know the spread.. what the rates quoted is just the middle rate based on today's rate.

What's the 'middle rate'?

Go ahead if u tink its work. No 1 gonna force u. Ppl ald told u the selling/buying rate is different. Tats how money changer makes money from it.

hmmm, so what are you trying to imply?

haha no prob lah, i'm equally comfortable in speaking english with people, althought that doesn't mean my english is very good.

we here ah... not much gathering lol. juz sometimes we went out to hav a drink n chill out only. hey since u stay Yishun we can meet up easily coz i work around Admiralty.

I will be coming on sunday morning 21st. My colleague book hotel in Orchard Square Court, i suppose it is orchard road la hor. Then sunday I'm free lor. Monday have to masuk office. so sien

u coming to work here ?

well i never heard of Orchard Square Court... Orchard Grand Court i know lah, u sure u got the name right ?

anyway i'll be ard town on that day, so i'm ok to meet up.

oh yeah, the place is called orchard grand court. sorry ya my mistake. paiseh. hehe. I will reach around noon i think. can meet up no problem. but don't ask me to suggest place la. cos i dunno mah.

i'm coming to my company's singapore office only la, not work here permanently.

lol. that's cool.
good to know you bro!

ey how come seldom see you come out to cari gathering, my usual gang is coldice them.
though sometimes i'll join for volleyball and other group of ppl.

i don't like to be alone T_T. hell, i never tot i'll be here in singapore either. hehehe, but its really cool to have some friends in singapore.