Possibilities are always there. Maybe when a new government is voted in and the new people are not tried and tested and screw up the whole economy ?

There are no guarantees to anything. However, SG has shown to have better governance than most countries.
Plus its the 53rd state of USA.

if sg/sgd screws up big time, what u think will happen in msia/rm?

Perhaps we should be talking in numerical terms. Even if the RM should strengthen a bit,... I don't carry too much confidence that it will drop bck to 3.8. What we can hope for is the occasional downspikes in the USDMYR forus to buy-in more of the foreign currencies.

And in the longer run,... I, for one, will be hoping for the MYR to weaken against the SGD and the USD, of course.... otherwise, ha,... we have wasted all our time and braincells doing all these overseas investments and what nought,...

It would be better for us to start pulling strings to invest into ASX,...

Yes, cash with no yield is "useless".

exchange rates aside... just about investment on project viability, attractiveness - do u see ANYTHING that is attractive now locally? oil n gas? props/developers? condoms/gloves? asx - on what projects is the money invested?

i simply can't find something. so, have to be abroad and abroad = fx.

The screw up in msia/rm is happening right before our eyes

So if there is a new government in Singapore, I will flee

Cannot stay away too much,... staying-away is akin to doing something negatively.

Well somebody said holding cash is better than dumping into ASX FP.

rare to find people hoarding fx cash - may be for a short time expecting to pay or buy something big.

think only one found here - hansel.

usually put in reits, stocks, etf's, gold... even as capital to trade.

Nowhere to put while waiting for Auntie Yellen to scare the mkt further....

already knew it since June

most biz slow down drastically. less spending by the people

Yeah,... perhaps, in the recent general election, I was watching it closely... similar instincts, I suppose. I was even there to watch it close enough.

I shared a joke with the voters - in the Sgp election, when a bus ferrying voters approaches, there is no problem. But in MY, if a bus is seen ferrying voters approaches, people will start to threaten the voters from disembarking from the bus....

The Sgp voters did not understand my joke.

Bro, SG punya "magic" is more atas/classy leh
eg Church's religion & social to program masses, especially those spiritually & willfully weak/lost

here in kampung Malusia, even our top BS-artists cannot lie properly..
only kampung folks will believe their version of "truth" and their swearing on their holy book

totally different class

Yeah,... I supposed so, anyway,... that church pastor still got indicted b the Gov't, even if the followers did not agree to it. The wife got away though,...

Zeti says successor should be identified by end-January
http://www.thestar.com.my/News/Nation/2015...or-until-April/

Interesting time ahead for MYR...

This post has been edited by wil-i-am: Nov 13 2015, 05:28 PM

USD/MYR close:4.37947 low:4.36226 high:4.39208

Am surprised RM is holding up well even when WTI is 41.xx now. Not bad...

well some could be bringing back USD to be converted into MYR