QUOTE(Croner @ Jan 6 2015, 05:44 PM)
As you can see Ringgit Malaysia drop like mad in many ways aginst USD, SGD, RMB, Thai bath, New Taiwan dollar.
I want to change most of my savings RM to USD as.I believe it.might raised to one USD become 4 Ringgit malaysia.
Beside money changer is there a faster way to switch myr currency to USD??
i share yr pain... n i bet almost everyone here is thinking about that. action or not, that's the question...
the trouble is not just declining oil n commodity prices but the foreign sell off, illicit capital outflows, imdb bomb about to explode, flood damages, mas-airasia disasters' negativism. all that takes sentiments n confidence to a low low.
but there is an argument that rm has improved over aud, yen... and hundreds of bil of reserves to the rescue later... so...??
money changer... the spread is big, no int/div = very costly.
no sure answer for u, but suggest u take a look at foreign funds/bourse, e.g. singapore reits which give dividends or us etfs.
check the section, the threads r there.
This post has been edited by AVFAN: Jan 6 2015, 06:02 PM