QUOTE(AVFAN @ Dec 30 2013, 03:34 PM)
can't be 2.63 that high... max maybe 2.61 today.
sgd has been moving between 2.55 to 2.60 in the last year.
but it looks like staying in the higher end more than not.
personally, i see no hope in rm strengthening, only down.
which is the main reason i bought into sgreits with rm starting a year ago or so.
use the sgd div to buy more sg reits, not convert back to rm.
i am hopeful it'll turn out much better in 5 yrs time compared to buying myreits in rm.
Hi, sgd has been moving between 2.55 to 2.60 in the last year.
but it looks like staying in the higher end more than not.
personally, i see no hope in rm strengthening, only down.
which is the main reason i bought into sgreits with rm starting a year ago or so.
use the sgd div to buy more sg reits, not convert back to rm.
i am hopeful it'll turn out much better in 5 yrs time compared to buying myreits in rm.
I have the same thinking, that I should start buying SREIT to hedge against the falling MYR. Can you please share the tools and experience? Do you use CIMB iTrade? I do have access to Singapore bourse now with iTrade but not quite sure of things like:
1. tax?
2. forex rate?
3. broker fees, etc.?
4. how to instruct dividends to be deposited into a SGD trust account?
5. how to instruct dividends to be used to buy more REITS?
Thanks in advance.
Jan 29 2014, 10:49 AM

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