From Bloomberg



The ringgit dropped 1.9 percent in December, the most among 11 Asian exchange rates tracked by Bloomberg. The currency weakened 2.5 percent over Nov. 28 and Dec. 1, the biggest two-day decline in more than 16 years, and reached 3.4497 per dollar today, the lowest since Feb 2010. It traded at 3.4480 as of 2:11 p.m. in Kuala Lumpur.

ING Groep NV and Credit Suisse Group AG pared forecasts for the currency this week, citing the damping effect of a slide in crude oil prices on the petroleum-exporting nation.

Malaysia will be the sole loser among Asia’s emerging markets from the decline in crude and the country may miss its 2015 fiscal deficit target, according to Bank of America Merrill Lynch. A 10 percent drop in prices will reduce economic growth by 0.2 percentage point, economists including Singapore-based Chua Hak Bin wrote in a Dec. 1 report.

ayuh bolehland!!!!!!

Only in BolehLand.. CI closed in RED

Whats's the difference between PRS fund and mutual fund?

Go to PRS thread and PPA website to read and understand what PRS is first.

This post has been edited by David83: Dec 4 2014, 10:46 PM

A common saying: buy low, sell high.

Question: Now that its dropped a lot, what would you do?

A. Panic, sell now
B. Wait, and panic if dropping further
C. Buying opportunity, buy now
D. Wait, and buy if stopped dropping
E. Continue regular/formula investments (DCA, VCA etc), no change
F. Wait and see what the Technicals say
G. Wait and see that the Fundamentals say
H. Sell your overseas funds

Me? C, G and maybe H (yes, you can choose more than 1)

Why H since bolehland fund is crushed?

Ah, but no one knows for sure its going to be "crushed" or not, yet.

The question is, what do you think, looking ahead?

This post has been edited by howszat: Dec 4 2014, 10:56 PM

H is not an option for me since I believe FSM direction on Asia ex Japan.

D, F, & G

kenanga kena reprimand. gg my stock?

Just to clarify, option H is more currency based, if you think that is a relevant/significant factor.

Where funds goes depends on many factors, including exchange rates.

Interesting read

http://www.marketwatch.com/story/its-offic...no-2-2014-12-04

It's been known for some time that China will "overtake" US one day, soon. What is more difficult is interpreting what that means.

While the US and most of the Western world has open accounting standards, what comes out of China is less difficult to define/confirm.

That is one of the key reasons why China funds are hit and miss, because investors are unsure what you see is what you may or may not get.

Big move up today on China market.

Mine so boring, E

Excitement is for US market and forex

What kena reprimand? Source?

Will go for C, don't care about high or low price...

Dilemma... My MY exposure all these while is quite low, mainly on KGF and Kenanga PRS, <10% of total portfolio. Last month bought into EI MY Focus due to FSM sales charge promo.... now 7% loss... should I top up to average down? But the reason I have low exposure on MY is due to my lack of confidence in MY stock market....

just wondering....
u lost 7% in EI MY Focus
KGF how many % ?
K PRS how many %?

if you top up to average down all these 3 funds....how many % of MY allocation increase in yr portfolio?
after you topped up and increased yr MY allocation...do you still hv confidence in MY stock mkt?