That 1-2% is while waiting for opportunities. (1-1.x% - bank account/ssb +1-2% appreciation
Don't forget that your 5-6% in RM will depreciate against the SGD over long term.
Can you get 5-6% in terms of SGD? Of course yes.
Now earning 5-6% in terms of SGD is very different from your 5-6% in terms of RM.

Pertaining your question on top, not true. Good example is when trump won the election. RM was beaten down so badly, until BNM had to step in. Watch as the RM deprecated so much and price of goods suddenly shot up. At that time, do you really care about official inflation no? You should care about your purchasing power. It significantly decreases just like that.

Now ask yourself this question is it worth investing in SGD and gain real 5-6% or invest in RM and watch your 5-6% returns depreciate over long term?

This post has been edited by Ramjade: Apr 22 2018, 12:26 PM

Those have us$1m investable assets are almost certain to have priority account; if they are qualified for private, their existing r.m or senior r.m will advise them of options.

Those ask for private banking in lyn are unworthy at best.

This post has been edited by icemanfx: Apr 22 2018, 04:34 PM

Myr depreciated against sgd from 1 to 3 in last 30 years and this trend is likely to continue.

Actually,... this statement is not truely accurate,... sorry,... to me,...it's okay if MYR depreciated against ANY CURRENCY of the world, PROVIDED the cost of goods and services in the country DID NOT INCREASE. Right ?

My family is in Australia, now the AUD weakens vs the RM and SGD, BUT the price of goods and services in Australia now did not increase !! So, no issue, right ?

I'ma private banking client myself,... in a few banks. Actually, except for one bank, most of the private banking services can't really help us invest effectively. I can do better in investments than most of them,... at least till now,... since 2005....

I think no need to put into private banking-lar,... just follow this forum,... talk to people nicely,... read the right materials, can do better,....

Unlike Australia, over 50% of foods or raw materials in this country are imported.

Mean many here are multimillionaire investors or should be head hunted by investment banks.

As above,....tq bro Iceman,...

Are u renting or staying in your own property in Australia? Prices of property in Oz has been on d uptrend for a long time until recently.

Only Sydney has slowed down,... Melbourne is still holding,... other capital cities are still rising,.... But I'd think movement of property prices here are more because of speculation and demand by home-owners,... not really affected by the AUD,....

veera77, Keatsan, rrad this thread for more info.
After that read
SGX counters
Singapore reits

Thanks bro!

true. just follow advise from members here and also from Bro Hansel

so nice to be in Australia. Boss, are u in Australia as well or Msia ?

very true. if got $$$ then the approach is open door to you.

if limited $, then they will scan u like alien entering their country.

very true. they are being very picky especially on Msian. I m lucky to get acc with them. Not PB ya.

How to open an acc in Thai. I did ask few times and even with a letter of reference frm Msia.

they wish to either have a PB from Msia or u have a friend living in Thai.

Must filter a bit the advice too,... some infos may be wrong, unintentionally,... or outdated,...

Actually, even if an RM comes to yr doorstep to open an acct for you,... it's still not that good, because you are then under him/her, being in a nominee account,... I would prefer to be a direct owner of my holdings, with my own CDP Account Number. Then I will control my own fate,....

I m not PB yet. Sob sob

Again sorry but budging in. To have own CDP with own control means having SG address. How many people with PB can actually afford a property in SG? HDB is off limits to us. That leave us with condo. If one condo cost say SGD1m how many can afford and willing to fork out RM3m just to own address in SG?

Remember property not rented out is a liability.