U open one tong-pak-fu, we will go & support.

Yes.we bought it because of our beloved family,G&G and good environment

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Added on December 19, 2012, 2:11 pmYes,I also will come to support brother Soros007

This post has been edited by fkfk: Dec 19 2012, 02:11 PM

Dont think so... even singaporean also get loan from Malaysia bank for malaysia property.

tong-pak-fu s*cks la especially 1000 times dislike their ambassador - soh XX.
we suggest the honeymoon dessert to be opened in cyber la.....
Classy dessert for classy living ernvironment ma
ichiban then!!! kekekeke

No way. Even Singapore banks do offer the loan, they will charge u like Malaysia's interest.

Believe properties loan is following central bank rule & interest. Anyone can clarify?

According to Tong-Pak-Fu ambassador - our malaysian food s*cks.
So setting up this bz in cyber wont attract the patriotic Malaysians to taste

http://www.youtube.com/watch?v=oYDP-9xERqw

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Added on December 19, 2012, 2:25 pmJust found out that SGP can offer bank loan (2%) for Aus Prop (6%)...suddenly lots of my Aus prop installments turns up to be postive ++ wipee!!!
2012 is a good year hahaha.


This post has been edited by Soros007: Dec 19 2012, 02:25 PM

Setia Eco Glades office has moved:

http://www.facebook.com/setiaecoglades

Dear valued customers, we are moving our office from Streetmall Cyberjaya to Century Square. Effective from 18th Dec 2012.

Century Square, G-C, Ground Floor, Block 2330
Jalan Usahawan, Off Jalan Persiaran Multimedia, Cyber 6,
63000 Cyberjaya, Selangor Darul Ehsan, Malaysia.

GPS Coordinator: 2.924237, 101.660511

Any Facebook kaki can post this lowyat thread link there? Many Thanks.

Australia savings & mortgage is at record high, the risk is very high for normal people like me.

Believe u are rich & smart enough to play this game:

http://www.expatsingapore.com/forum/index.php?topic=65999.0

yes, Australian property can. coz i was looking to buy one for retirement. but that was some time ago...

I will say at the mmoment AUD is too high.
Best to wait AUD / USD ~ 0.90 then converting all of them into SGD at one go ....then it makes money from exchange rate + interest rate!

how much to convert in order to see meaningful gain?

bro soros, do you know how the small indian money changer make $?

1). Example of interest rate savings:-
Loan in Aus is 5.79% now but if u refinance in SGP then it's 4.00% (AUD with no risks) or 2.00% (SGD with currency exchange risks).
so u save (5.79-4.00) = 1.79% (AUD) with no currency risks OR
(5.79% - 2.00%) = 3.79% with SGD currency risks.

2). Example of currency exchange:-
AUD/USD spot exchange rate now is 1.05 (way too high and over-value in my opinion).
Say, u wait until USD strengthen against AUD.
u have AUD 1 mil mortgage and u change all ur AUD to USD at 0.90 > (Mortgage = USD 900K).
6 mths later AUD/USD becomes 1.05 OR USD / AUD = 0.9524 then u can change USD 900K to AUD = AUD 857K.
So, in 6 mths time your mortgage reduced from AUD 1mil to AUD 857K = AUD 143K savings.
Refer to the graph that attached - possible to do few rounds in 1-2 yrs and you can see how much you can save!

total benefits = AUD 143K + interest savings from (1) + currency risks fluctuation risks.
Note - Buy at AUD/USD 0.90+ and sell at AUD/USD 1.07+ is possible however just a friendly reminder - FX speculation is a very high risks thing and may not suitable for everyone.

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Added on December 19, 2012, 3:37 pmThey buy the exchange rate from bank which is usually spot market + 20-30 pips then selling you with additional min 200pips.
So, 200 pips = 2 cents x amount exchanged = profits.

This post has been edited by Soros007: Dec 19 2012, 03:37 PM

yes, FX is high risk ler... not easy buy 0.90 and sell 1.07

Bro Noblebaby,
Just to share. Recently i just closed a contract (personal trade).
Bought AUD at 0.97+ (Jun) and sold at 1.04 (Aug) = (1.04-0.97) x USD 2mil = USD140K profits + carry trade (gross of 3.25%-0.25%) = 3.0% x USD 2 mil x 2.5 mths = USD 12K+ as interest gained only
p/s; Leverage of 1 to 10.

If we have patient in FX and treat it as long term investment, can make some fairly good money too however it's not suitable for everyone la.
Just my 2 cents la....

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Added on December 19, 2012, 4:07 pmThis post has been edited by Soros007: Dec 19 2012, 04:07 PM

huiyuh! u rich!

My expertise is in stock trading. only can use margin account with smaller leveraging compared to FX.

Long term is one thing, luck and timing is another thing. we knew it.

i saw ur chart, no diff from stock. but buy at 0.90 really need to wait long long


This post has been edited by noblebaby: Dec 19 2012, 04:11 PM

I am using Warren Buffett theory in FX - Buy at under value and sell at over value + long term holding power - same principle that we invested cyberjaya real estate. AUD/USD is favoured with SHORT now (over value) however still best to wait for a while first........ 1.06-1.07 yeah!

how to see the currency is under value? Stock we can look at NAV, PE, PB, Yield, bla bla bla.

i thought u r using Soros technique with quantum theory? lolz