Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed
123 Pages < 1 2 3 4 > » Bottom

Outline · [ Standard ] · Linear+

 USD/MYR drop, V2

views
     
Hansel
post Sep 9 2015, 07:00 PM

Look at all my stars!!
*******
Senior Member
9,348 posts

Joined: Aug 2010
QUOTE(AVFAN @ Sep 9 2015, 06:33 PM)
the former, can expect nothing new. same old, same old.
assumption oil price going up to 80
in particular, same billions poured in agri & fisheries projects despite little yield.
incr budget for civil service, bonus; incr br1m.
bigger budget deficit, i.e. incr debt.

the latter... singapore - pap stays.
also nothing new, same old, same old.
more foreign $, stronger sgd.
more msians go there to study/work.
more skilled/qualified migrant workers/investors from everywhere - white, brown, yellow, black...
all that prophesied in last 2 LKY books, grand master's insights and one man's view.
*
I beg to deffer = I have reasons to believe that with Msia's current state, the PM will rollout some surprises.

Without Mr LKY, the PAP may experience some surprises.
AVFAN
post Sep 9 2015, 07:03 PM

20k VIP Club
*********
All Stars
24,453 posts

Joined: Nov 2010
QUOTE(Hansel @ Sep 9 2015, 07:00 PM)
I beg to deffer = I have reasons to believe that with Msia's current state, the PM will rollout some surprises.

Without Mr LKY, the PAP may experience some surprises.
*
it's good to differ. let's wait n see. laugh.gif
langstrasse
post Sep 9 2015, 07:46 PM

~ Have a Vice day ~
******
Senior Member
1,588 posts

Joined: Oct 2010
QUOTE(Hansel @ Sep 9 2015, 01:33 PM)
For the helpful forummers here who carry a view that the ASM is still viable, please visit your branches asap if you wished to top-up or open booklet. I have made some divestments !

Good luck !
*
I guess the question on everyone's mind would be : if you're taking it out of ASM, what are you channelling your money into ?
nexona88
post Sep 9 2015, 07:54 PM

The Royal Club Member
*********
All Stars
48,428 posts

Joined: Sep 2014
From: REality
QUOTE(langstrasse @ Sep 9 2015, 07:46 PM)
I guess the question on everyone's mind would be : if you're taking it out of ASM, what are you channelling your money into ?
*
answer in ASNB thread tongue.gif
dreamer101
post Sep 9 2015, 09:01 PM

10k Club
Group Icon
Elite
15,855 posts

Joined: Jan 2003
QUOTE(Hansel @ Sep 9 2015, 01:33 PM)
For the helpful forummers here who carry a view that the ASM is still viable, please visit your branches asap if you wished to top-up or open booklet. I have made some divestments !

Good luck !
*
Hansel,

<<For the helpful forummers here who carry a view that the ASM is still viable>>

Are you helping or hurting people with this post?? You have substantial investment outside of Malaysia. Even if you invest in ASx, you DO NOT put all your eggs into ONE basket. Meanwhile, most Malaysians have 20+% of their gross income in EPF. If they invest in ASx, they are putting all their eggs into ONE basket. How could that make sense??

It is VERY SIMPLE.

Do not put all your eggs into ONE basket.

If you want to be helpful, WARN people before telling them to invest in ASx.

It makes sense for BUMI to invest in ASB due to political reason. But, why would a non-bumi invest in ASx??

Dreamer

This post has been edited by dreamer101: Sep 9 2015, 09:06 PM
Hansel
post Sep 9 2015, 09:18 PM

Look at all my stars!!
*******
Senior Member
9,348 posts

Joined: Aug 2010
QUOTE(dreamer101 @ Sep 9 2015, 09:01 PM)
Hansel,

<<For the helpful forummers here who carry a view that the ASM is still viable>>

Are you helping or hurting people with this post??  You have substantial investment outside of Malaysia.  Even if you invest in ASx, you DO NOT put all your eggs into ONE basket.  Meanwhile, most Malaysians have 20+% of their gross income in EPF.  If they invest in ASx, they are putting all their eggs into ONE basket.  How could that make sense??

It is VERY SIMPLE.

Do not put all your eggs into ONE basket.

If you want to be helpful, WARN people before telling them to invest in ASx.

It makes sense for BUMI to invest in ASB due to political reason.  But, why would a non-bumi invest in ASx??

Dreamer
*
Tq. There are Bumis and Non-Bumis alike here. Let them choose what's best. I'm just being neutral.

By the way, I can't guarantee too that I am right !

AVFAN,... my friend,.. if our PM does not roll out something really good to help us this time, do you think he will still stand up there, shouting unnecessary slogans and unhelpful war-cries just to raise more attention ? What will it further do to his rep ?

What about that economic council that he has set-up that's supposed to roll out something to help this country ? They should be helping him to formulate Budget 2016.

He BETTER have something for us. ... That's what the policy-makers are there for, especially in these times. ohmy.gif sad.gif sweat.gif

This post has been edited by Hansel: Sep 9 2015, 09:20 PM
Hansel
post Sep 9 2015, 09:23 PM

Look at all my stars!!
*******
Senior Member
9,348 posts

Joined: Aug 2010
QUOTE(langstrasse @ Sep 9 2015, 07:46 PM)
I guess the question on everyone's mind would be : if you're taking it out of ASM, what are you channelling your money into ?
*
Hi.... I'm not a good role model. I have a very pessimistic and defensive 'what if this happens' and 'what if that happens' attitude. I tend to 'over-do' my due diligence too much. At the slightest smell of risk, I will disengage.
Hansel
post Sep 9 2015, 09:26 PM

Look at all my stars!!
*******
Senior Member
9,348 posts

Joined: Aug 2010
QUOTE(dreamer101 @ Sep 9 2015, 09:01 PM)
Hansel,

Meanwhile, most Malaysians have 20+% of their gross income in EPF.  If they invest in ASx, they are putting all their eggs into ONE basket.  How could that make sense??

Dreamer
*
I have to agree very much with the above. THAT STATEMENT IS VERY TRUE. sad.gif
AVFAN
post Sep 9 2015, 09:39 PM

20k VIP Club
*********
All Stars
24,453 posts

Joined: Nov 2010
QUOTE(Hansel @ Sep 9 2015, 09:18 PM)
AVFAN,... my friend,.. if our PM does not roll out something really good to help us this time, do you think he will still stand up there, shouting unnecessary slogans and unhelpful war-cries just to raise more attention ? What will it further do to his rep ?
What about that economic council that he has set-up that's supposed to roll out something to help this country ? They should be helping him to formulate Budget 2016.
He BETTER have something for us. ... That's what the policy-makers are there for, especially in these times.  ohmy.gif  sad.gif  sweat.gif
*
eh, where hv u been all these years? tongue.gif

go back a few budgets, all same, smoke n mirrors, media sing a couple of songs, yell bravo, that's all. biggrin.gif


dreamer101
post Sep 9 2015, 09:50 PM

10k Club
Group Icon
Elite
15,855 posts

Joined: Jan 2003
QUOTE(langstrasse @ Sep 9 2015, 07:46 PM)
I guess the question on everyone's mind would be : if you're taking it out of ASM, what are you channelling your money into ?
*
langstrasse,

He has 8 to 10 millions worth of investment and fair amount of that in Singapore. As long as he does not lose his money, he has more than enough. So, please bear this in mind when you read his post.

Dreamer
Hansel
post Sep 9 2015, 09:52 PM

Look at all my stars!!
*******
Senior Member
9,348 posts

Joined: Aug 2010
QUOTE(AVFAN @ Sep 9 2015, 09:39 PM)
eh, where hv u been all these years? tongue.gif

go back a few budgets, all same, smoke n mirrors, media sing a couple of songs, yell bravo, that's all. biggrin.gif
*
But this is a Crisis Budget, this budget and the strategies within should not be the normal cut-and-dry type anymore. There must be concrete tactics to help pull us out of this hole we are in. It's a Crisis Budget, man,...

I really don't know how to express myself better, just this, that it's a Crisis Budget.

For those gov't guys monitoring this thread, please tell your leaders that this is a Crisis Budget. If the PM can pull us out of this hole we are in with strong policies and strategies that produce results, he will be in the history books forever. A leader who, in spite of some setbacks along the way, managed to produce results.
dreamer101
post Sep 9 2015, 09:55 PM

10k Club
Group Icon
Elite
15,855 posts

Joined: Jan 2003
QUOTE(Hansel @ Sep 9 2015, 09:18 PM)
» Click to show Spoiler - click again to hide... «


AVFAN,... my friend,.. if our PM does not roll out something really good to help us this time, do you think he will still stand up there, shouting unnecessary slogans and unhelpful war-cries just to raise more attention ? What will it further do to his rep ?
» Click to show Spoiler - click again to hide... «
» Click to show Spoiler - click again to hide... «
Hansel,

Come on...

1) How many times do you have to be lied to before you wake up?? What makes you think that budget 2016 will be different than previous budget??

It is an EASY and SIMPLE prediction. More money for department of prime minister. Budget cut for everyone else. More spending and more deficit. The only uncertainty will be whether he announce GST increase now or later.

<<He BETTER have something for us. ... That's what the policy-makers are there for, especially in these times. ohmy.gif>>

2) Why?? There is no US. He can stay in power as long as he gives out enough money to his supporters. And, to get more money, he will increase tax.

Dreamer

This post has been edited by dreamer101: Sep 9 2015, 09:55 PM
dreamer101
post Sep 9 2015, 09:59 PM

10k Club
Group Icon
Elite
15,855 posts

Joined: Jan 2003
QUOTE(Hansel @ Sep 9 2015, 09:52 PM)
But this is a Crisis Budget, this budget and the strategies within should not be the normal cut-and-dry type anymore. There must be concrete tactics to help pull us out of this hole we are in. It's a Crisis Budget, man,...
» Click to show Spoiler - click again to hide... «

*
Hansel,

Which part do you NOT UNDERSTAND?? There is no more rabbits in the hat. In the old days, TDM can ask Petronas to give and spend more money. There was no reform but a bail out. There is no more EXTRA OIL MONEY this time. There is nothing that he can do.

Dreamer
AVFAN
post Sep 9 2015, 09:59 PM

20k VIP Club
*********
All Stars
24,453 posts

Joined: Nov 2010
QUOTE(Hansel @ Sep 9 2015, 09:52 PM)
But this is a Crisis Budget,
*
what crisis?! biggrin.gif
howszat
post Sep 9 2015, 09:59 PM

Look at all my stars!!
*******
Senior Member
2,932 posts

Joined: Sep 2007
QUOTE(Hansel @ Sep 9 2015, 07:00 PM)
I beg to deffer = I have reasons to believe that with Msia's current state, the PM will rollout some surprises.

Without Mr LKY, the PAP may experience some surprises.
*

I agree with both points.

For the PM - question is what

For PAP - a drop in number of seats, if you can call that a surprise.

Ramjade
post Sep 9 2015, 10:01 PM

20k VIP Club
*********
All Stars
24,334 posts

Joined: Feb 2011


Hansel

Why do you seek more? Isn't it better to be contend with what you have rather than seek for more? Being too greedy could cost you your life's work. Look at China. How many billions got wipe off the market just like that.

By putting say rm2m in Bank rakyat's fd which pay monthly interest, I am sure you are able to survive in comfort in malaysia (just by surviving on the interest).

By the way, what's your final stop where you will stop chasing investment and say move to a secure fund to ensure the wealth is maintain?
nexona88
post Sep 9 2015, 10:05 PM

The Royal Club Member
*********
All Stars
48,428 posts

Joined: Sep 2014
From: REality
QUOTE(Hansel @ Sep 9 2015, 09:52 PM)

For those gov't guys monitoring this thread, please tell your leaders that this is a Crisis Budget. If the PM can pull us out of this hole we are in with strong policies and strategies that produce results, he will be in the history books forever. A leader who, in spite of some setbacks along the way, managed to produce results.
*
yes, He would be in History books.. as the person which have so many scandals yet managed to hold power with country going down the drain blush.gif
Hansel
post Sep 9 2015, 10:11 PM

Look at all my stars!!
*******
Senior Member
9,348 posts

Joined: Aug 2010
I'll reply to ALL of the above postings with this big sledgehammer :-

I'm an idealist, and a little bit of a patriot - not everything for myself only. Also for others.

I am hoping for the best from the leadership ! Perhaps one more rabbit in the hat that only the leadership can think of and not us.

Editing for the third time : Then I wouldn't have to selloff my properties and wire the funds out.

For God, King and Country ! nod.gif

This post has been edited by Hansel: Sep 9 2015, 10:19 PM
Hansel
post Sep 9 2015, 10:16 PM

Look at all my stars!!
*******
Senior Member
9,348 posts

Joined: Aug 2010
QUOTE(AVFAN @ Sep 9 2015, 09:59 PM)
what crisis?! biggrin.gif
*
I appreciate your sense of humour, in times in crisis,.... rclxms.gif biggrin.gif
Ramjade
post Sep 9 2015, 10:18 PM

20k VIP Club
*********
All Stars
24,334 posts

Joined: Feb 2011


dreamer101, I would like your view about those who does not have epf and relied solely on FD, no foreign investment like those uncle and aunties, and those people just started working, are they doom?

123 Pages < 1 2 3 4 > » Top
Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0281sec    0.67    6 queries    GZIP Disabled
Time is now: 3rd December 2025 - 03:17 PM