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 ringgit Malaysia drop , how to I change my RM to USD

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MyRedz
post Jul 18 2015, 11:16 PM

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QUOTE(yok70 @ Jul 16 2015, 08:42 PM)
we have no idea what the fundamental of RM should be.
do we know?
Zeti said it's undervalued, but Zeti may not be faithful because of her position and responsibility for RM's stability.
Well, fundamental of Malaysia is the key factor to judge RM's fundamental.
Major concern for all of us today is political unstable and our inability to mature the level of corruption by government. 

so conclusion for myself is: i don't know. i've no idea.
therefore, what best for me is to diversified my assets under different currencies, now at USD and HKD, which is not very good because these two is kind of linked together actually. But in long term, I still see HKD moving towards RMB. In past 2-3 years, I have gradually moving my RM assets (stocks) into USD and HKD assets (stocks), now already reached 50:50. My target is continue moving out from RM, probably reaching 30:70 stage. Probably should start looking at emerging markets such as Vietnam and India.

Funny how, I am actually looking at Iskandar to be major beneficiary of Singapore. If Iskandar works out well, I should buy Singapore assets (stocks) instead of Iskandar assets. The best is that SGD is a great currency.  laugh.gif
*
Sorry ask . Is the stocks as in unit trust. Reits or some shares?? Mind to elaborate? I am interested

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