Yes, I am talking about the fixed nav of RM1 for FP funds. Remember that in the MP, there is a section that stated that the 6 FP funds do not need to follow the particular MFRS rules of disclosing the nav by Dec 31, 2015 ? That's what I'm talking about. The question is : why did they announce this back then ?

THat's what I thought,... it's one of the rules of the SC for this disclosure to be included, be it for an open-ended fund or for a closed-ended fund. So,... ASNB must put in an updated disclosure for the extension given (if it is given) when the term expires on December 31st., 2015, right ?

The USD is strengthening against the SGD as we speak.

http://finance.yahoo.com/echarts?s=USDSGD%...ing":true}

My USD funds parked in the bank is gaining strength, as I predicted. But since I am not ready to buy any SGX assets yet, I will continue to let the USD stay as it is until the prices of REITs and dividend stocks cannot be refused anymore.

Then I will fire !

Hi AV,... I think it's okay that I miss the current dividend season, having in mind that I may be able to get even better yield down the road,...

...however, the MYR did not plunge that badly against the USD today,....

Good evening to all.

The jobs report comes out every Friday. So, if the report for next Friday, or the Friday after that improves,... everything will change again.

We need one of the Fed Governors to come out and say that the Feds is STILL ON-TRACK to raise the interest rate this year.... everything will change again.

The SG MAS Monetary Policy Statement will be announced on Oct 14th. or Oct 15th.... If there is a lowering of the GDP again, then Sgp will experience a technical recession. Will the S$NEER Band be lowered ?

At most, will go green on one day. Then will drop again after that. Sentiment in Sgp is not good, gentlemen,....

That's right ! Very long term. Sgp will still win,... I will continue to reap dividends as the quarters go by....

No way no rate hike. See my earlier post above on how things will change easily.

If SGD appreciates next week, I will wait. Sooner or later the SGD will depreciate against the USD again. When the feeling and the instinct is tight, I will convert over.

Right ! So we play as long a term as we can. Then time is on our side. Anyway,... I made some predictions for next week in the last few postings above. Let's see !

HI AV,... tq,... having aenues for surprises is a healthy move for invenstments,... no doubt. I believed my tool for 'being ready for suprises' has already been covered by my long term plan for the SGD vs the MYR. So, even if I am wrong in that the Feds must need to hike rates, the chance for the SGD to appreciate against the MYR is still higher when given enough chance and time.

At this time, my conviction that the Feds really have no choice but to hike rates would be shared by many, if not all those reputable quarters out there.

So,... I'll still buy on the dips when between the USD and the MYR. And my view is still the USD will strengthen against all currencies, including the sGD for me to accumulate more SGD this month. We'll know by the coming few days,.... as the MAS MPS Meeting approaches.

Well,...I'll put forward a 'time the mkt' action that I took back in 2008/9. IT is still standing till today and till now, in spite of this downturn, my coungers have not dropped back to my Buy prices at the 2008/9 levels. This goes to show that it is possible to time the mkt too, no doubt it cannot be repeated successively continuously.

As it is till today, the mkt has NOT 'timed' me back, my dividends collected have been uncountable, and my margin-of-safety in the stock prices is far enough to gove me comfort.

I always equate additional jobs added to unemployment claims. These two parameters are in an inverse relationship. The Unemployment Claims Data is read-out on a weekly basis.

Throughout the months, all the numbers are ding-donging up and down. So, I wouldn't really pay too much attention to some numbers. When US numbers are good, then Ms Yellen talks about conditions in China,... holding back rate hike again.

I'll just prepare myself for the real hike when it materialises. NO point waiting.

In your formula here : No inflation + slow job creation + no wages growth, you missed out another impt parameter being : unemployment claims. Unemployment claims comes out on a weekly basis. After 4 weeks of unemployment claims, I normally have a feeling how will the other three parameters in your equation fare.

Well,... MR Dreamer,... if the USD does weaken against our RM, it will giveme an opportunity window to convert more of my RM into the USD.I still have RM sitting in Msia, waiting to go out. And if the USD strengthens against all currencies, then I might convert some USDs into the SGDs to prepare to go into the REITs and dividend stocks.

Either way, I'll have something to do.

Hi MGM,... Having three assets in Msia, namely the EPF, my practice and my properties, which are all denominated in the RM, I think the diversification process adequeate for the Msia side.

What ever extra I make in my practice and well,... whatever I have in my ASX, I think, should be diverted outside already.

A bit more of opinions here : it takes time to sell away my props, hence, those props are in a dangerous position and might be confiscated by the Govern't if times turn out to be really bad. I see the pattern is emerging whereby our leaders are asking us to leave this country (my opinion), and being in the legal industry, if there is nothing we can do to refute these 'halau' statements against the minorities, then I think things are moving in a certain direction already.. I'll prepare myself for the day when our citizenship is revoked (which is, under the laws of accusations within the Sedition Act, the Govern't can impose this.)

My minor in University was Political Science. Hence, my decisions on how I am forced to take positions in my financial survivability.

I think our PM is a very learned man, he knows how to capitalize on all the advantages of the law in his favour. I respect him very much for his great knowledge and on his political maneuvers nationally and internationally, but not on his other traits. He is just too smart for us,... He can drive the minorities out of this country.

This post has been edited by Hansel: Oct 5 2015, 10:18 AM

Till now, the STI is green. But the SGD is weakening against the USD, in spite of the Dollar Index dropping now. Sentiment in Sgo is not good, gents,... But I'm not converting my USD back into the SGD yet,... more to drop fro the SGD.

When the chances to win in a timing opportunity is high, we should take it. I don't think anybody can say that the SG REITs might anytime soon turn around and shoot into the sky. Tendency is more for the SG REITs to plunge further.

I will wait as I accumulate more USDs to be converted into the SGD.

Today is a good day to convert my RM into the USD and park in Sgp.

If the USD does turn around against the MYR, preferably back to, say 4.00, then we must watch if prices of things go back down as they were earlier,... I don't think so.

" You wish. Once up will never drop "

As I thought so. I did say the above in previous few postings,... but had wishful thinking I was wrong. So, it means we have lost our purchasing power forever. Now we need to see how much more we will lose this purchasing power before goods and and services stop appreciating....

Spend the SGD or the USD in Malaysia.

Looks like oil price has a very strong support at USD42 to USD44 per bbl. Each piece of news coming out now just does not seem to tip the oil price below USD40.00. This will support the RM to a certain extent.