No,.. keep yout income-generating assets in SGD deno, and income generated must be in SGD deno too, to keep earing the SGD. Just like people are rushing to work in SG now, not only Msians, but also many angmohs. DONOT keep SGD cash - too low intrst rates.

does anybody keep cash in any currency these days?

debt, a lot la...

hard to say....hard to predict what could happened after US rise rate.....market is so unpredictable....

If the FOMC truly hikes and not 'NATO' only, the MAS will say : let the SGD be on a gradual appreciation path against a basket of currencies !
May dip for a little while, then will rise again,..... surely and especially against the MYR. For sure !!!

what trading account do you guys use to buy US stocks? which has a lower rate ?

some info here:
https://forum.lowyat.net/topic/3595816

This post has been edited by AVFAN: Jul 27 2015, 03:56 PM

be careful what u wish for!

looking like a bloodbath across the board tonite.

shanghai -8%, crude <48.

I thnk it is impt for him to know that if he intends to open a brokerage acct overseas, he must really be prepared with ALL documntations and information in-hand before he buys a ticket to fly there.

And for those who intend to have a brokerage account overseas, please open a bank account there too. ENSURE you can opn a bank acct there. You can then move your funds back and forth between your brokerage cash account and your bank savings account. And if you're an income investor, you can move whatever your remaining dividend from your brokerage cash acct into your bank savings account, then use your foreign bank ATM Card to withdraw the funds from a Msian ATM. Saves you a lot on the wire transfer charges.

actually, i think u hv a lot to share for people with such interests.

why not post on that thread? better leave this thread alone for actual stocks discussion.



if u hadn't notice, there is a new "how do i buy foreign stocks" thread almost every week, most of which nobody bothers to reply.

and that is becos there isn't a well developed and continued thread on that. maybe there is but i had not noticed.

i just try to help by diverting them to the threads i had posted something.

maybe u like to help too!

This post has been edited by AVFAN: Jul 27 2015, 04:32 PM

Okay,...will do whatever I can if I come across such threads,...

crude oil and bears battling it out at 47.50.

some tip...

Waah.. I think bears no problem wining. Oil already hit my low target at $48.
Didn't expect that China will go kaboom during the day. The aunties/uncles are cursing now.. where's the da govt help?

ya, bear bear everywhere....

that will come later....let the bear come out first, scare away some gamblers first, otherwise gomen too busy day day worry to support/cooling market.

that's ok.

i keep shorting some of them.

Huh! been away for awhile and back to my screen now. seeing loads of sheets of dirt cheap stuff. the prices are getting a bit alien to me atm as i have not seen these low prices for a while. my watchlist s are bleeding.

look at the oil...coming to 47 soon?

just like a war field, blood everywhere now, flowing from china to HS and now to the dows. sigh!

nice bear for today.....but wondering if more to come tomorrow, or a total calm tomorrow....

took profit on my shorts. Hard to predict the bear will be strong or weak.

This post has been edited by yok70: Jul 28 2015, 05:18 AM

it only took a few hours to get there.

oil shorts? may be premature!?

Not touching oil now but SP500 once again at the 200ma. Time to load up again..


Anyway, this morning gotta to watch China market ... this thing is getting pummeled back to 3500.
If drops below... I think we can see 3000, then bam.. 2500 - this will be back to beginning before the ran up last year as if nothing has happened.

This post has been edited by danmooncake: Jul 28 2015, 10:23 AM

oil goes below 47, shanghai slumps another 5%.


got any fxp or not?