Feds are Over rated.

They don't even know what to do and yet the world revolves around them as if they are gods

I just sold all my UT that heavy on US. Just wait and see

Absolutely agree with you there. +5

Filled Capital Mall today at 2.03

Topup as much as I could before min brokerage comm.

In the short term, the market is on random walk; however, long term economic equilibrium always prevail.

This post has been edited by icemanfx: Jun 14 2016, 12:16 AM

Son, if you wait for long term, opportunity fly past you. You miss the opportunity to make money

This post has been edited by Showtime747: Jun 14 2016, 06:39 AM

if still looking for something to buy, consider keppel dc.

this one is my star performer - solid steady while others waver.

but.. if buying with rm->sgd, not a good time.

rm declining season again; rate today 3.0675/2.9975, bank spreads seem getting wider these days...?

Volatility in the financial market, specifically in forex market may prompt banks to widen the spread to "protect" their interest.
As their published exchange rate may not be updated fast enough to catch the spot market if swing is too big.

Ok bro avfan. Will take note for coming buy.

I alrdy rounded all my holding become thousand. Trim all unwanted counters before 1July.

EC World REIT to market Singapore IPO worth up to US$335 mil - IFR

http://www.theedgemarkets.com/my/article/e...?type=Corporate

http://www.reitsweek.com/2016/06/frasers-l...e-of-debut.html

anyone in Frasers Logistics ind trust?

for those doing sgd-rm, be advised the spread has gone crazy.

don't really know if it's due to the high volatility or some new bnm method of doing fx rates.

today cimb closing: sgd buying 3.0825, selling 2.9645.

spread = 3.9%.

This post has been edited by AVFAN: Jun 24 2016, 07:07 PM

Today forex is extremely volatile, no surprise to see banks widen their spread to mitigate their risk.

are u seeing the same in other banks?

and why is usd is not the case?

should be even more so, no?

4.1345/4.0645. spread = 1.7%.

been like that for sgd for some weeks now.

i asked the bank, they just say, "it's like that".

This post has been edited by AVFAN: Jun 24 2016, 10:43 PM

UOB malaysia is the other way round

SGD 3.0626/2.9726

USD 4.1800/4.0200

I think abnormal period even bank treasury panic and put in more comfort to protect themselves

meaning banks are always suckers.

so, maybe good to see some banks in uk lost 20% today.

If you asked ordinary cashier/officer in banks branches, generally they do not know one.

Those spread/rate is provided by HQ, they just "follow", and "is like that one".

One can take advantage of current volatility to enter for DCI, to buy Sgd at spot rate, instead based on board rate.

My local brokers/investment banks said they do accept payment in Sgd through TT transfer.
So far I have not experience using this route yet.

This post has been edited by cherroy: Jun 25 2016, 07:54 AM

interesting to see sgreits recovered well today!

capmall, capcomm excellent recovery.

looking at the relatively small usd/sgd movement subsequent to brexit fallout, probably sgd bonds and reits a reasonable safe haven.

http://singaporeanstocksinvestor.blogspot....&max-results=50

cambridge
i reit
soilbuild...

Make no sense for reit to up so drastically, Capitalmall reit from 1.96 last Friday, today 2.08.
Reit also can play contra and make decent gain!

The only explanation is bond yield dropped severely, which make reit yield become attractive,