Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Fundsupermart.com v4, Manage your own unit trust portfolio

views
     
MGM
post Aug 27 2013, 01:29 PM

10k Club
********
All Stars
18,411 posts

Joined: Oct 2010
I haven't invested in REITS and UT. Maybe it's time to diversified from ANSB's funds, EPF and FD.
MGM
post Aug 27 2013, 01:56 PM

10k Club
********
All Stars
18,411 posts

Joined: Oct 2010
If the market is to repeat the 1997/8 Financial Crisis or the 2008 Great Recession, where is the best place to park the money before the carnage?
MGM
post Aug 27 2013, 02:01 PM

10k Club
********
All Stars
18,411 posts

Joined: Oct 2010
QUOTE(Pink Spider @ Aug 27 2013, 01:56 PM)
Cash lor tongue.gif
*
But RM might depreciate (Jan1998 MYR/USD was 4.7), so which foreign currency is prefered this round, RMB/HKD/SGD?
MGM
post Aug 27 2013, 02:05 PM

10k Club
********
All Stars
18,411 posts

Joined: Oct 2010
QUOTE(Pink Spider @ Aug 27 2013, 02:02 PM)
USD? whistling.gif
*
After reading this article I am no longer so sure about USD:

http://www.moneynews.com/MKTNews/Massive-w...mo_code=1447F-1

Wonder if this article is credible.
MGM
post Aug 27 2013, 02:25 PM

10k Club
********
All Stars
18,411 posts

Joined: Oct 2010
QUOTE(Pink Spider @ Aug 27 2013, 02:08 PM)
No time to read, but I always believe in this

USD may be not supported by reserves i.e. it's a paper money

But it's a paper that ppl around the globe treasures and notworthy.gif

Good enough? tongue.gif
*
You are right. After going thru the ten-year charts of most of the stronger currencies against USD, all of them dropped against the USD eventhough the crisis was triggered by US's Subprime crisis but when QE started USD started trending down.

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0476sec    0.63    7 queries    GZIP Disabled
Time is now: 7th December 2025 - 07:35 AM