Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Opening a Bank Account in Singapore

views
     
Chrono-Trigger
post Apr 22 2018, 12:08 PM

BY SELF ONE IS DEFILED AND PURIFIED
*******
Senior Member
4,310 posts

Joined: Aug 2013
Someone told me, if you can beat inflation with your investment in Malaysian assets with Ringgit , you don't actually need to put money in foreign currencies.

He told me, only invest in foreign currencies, if you have plans to migrate/ send children oversea. Otherwise , invest in ringgit assets that give you return of more than inflation rate. Wealth is still preserved.

True?

This post has been edited by Chrono-Trigger: Apr 22 2018, 12:14 PM

 

Change to:
| Lo-Fi Version
0.1545sec    0.58    7 queries    GZIP Disabled
Time is now: 18th December 2025 - 04:46 AM