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

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dwin95
post Mar 11 2015, 12:01 AM

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QUOTE(AVFAN @ Jan 6 2015, 06:01 PM)
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.
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so its a good time to hold some aud/yen at this point? I spend a lot of US dollars and this exchange rate is killing me
dwin95
post Mar 14 2015, 02:32 PM

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Anyone got the link to the rumor where the CEO of the edge holding lots of usd right now conspiracy? It's from an unreliable source but the news is written. Link would be appreciated thanks
dwin95
post Jun 24 2015, 10:09 AM

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If i have 2 years left of studies in the US, would it be wise to convert my full 2 years tuitions fee as of now or gamble that the RM would stabilize eventually in the coming 6 months/semester?
dwin95
post Jun 24 2015, 10:24 AM

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QUOTE(T231H @ Jun 24 2015, 10:14 AM)
hmm.gif maybe convert half of what you got?
whichever way the forex goes...you just gained or lost half of it...
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so convert 1 year of my cost now you say? That's a risk I believe my parents could afford to take.
dwin95
post Jun 30 2015, 03:05 PM

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This is extremely bad as I have 2 more years of studies left in the States. I think I will make a run to the bank to park all 2 years of my tuition fees asap.
dwin95
post Jul 2 2015, 11:09 AM

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And I have 2 years left of studies in the States.. Mati la.. Just converted RM50k for one semester fees at 3.801 at bank man I feel like 16 floor right now
dwin95
post Jul 16 2015, 12:33 PM

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is buying AUD stocks or keeping excess of AUD a good plan B now? For real I have more confidence in the land down under compared to our stupid jibby nation..

This post has been edited by dwin95: Jul 16 2015, 12:34 PM
dwin95
post Jul 16 2015, 12:36 PM

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or NZD even? theyre pretty low for us to jump ship too
dwin95
post Jul 16 2015, 12:36 PM

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or NZD even? theyre pretty low for us to jump ship too
dwin95
post Aug 17 2015, 01:49 PM

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So we buy USD and hold now eh. Plus I have 2 years left of study in the U.S.
dwin95
post Aug 17 2015, 08:55 PM

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QUOTE(AVFAN @ Aug 17 2015, 01:59 PM)
u didn't do that a couple of months ago when it was 3.8 or so?
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Only have enough for a semester which is 6 months.. sad.gif from what I see this isn't going to stop anytime soon. Right?

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