Dead cat bounce?

so, what ratio does unker dreamer suggest to diversify between local and foreign investment?

I too don't know why,... that's why we are here to keep reminding them. A form of national service for people. and generating good karma for us !

My theory : The Feds will not be hiking int rate this week. Hence the USD will be weakening a little bit. The USD is always in an inverse relationship with the price of Crude Oil. Hence, the price of Crude Oil is beginning to strengthen this week. But the momentum will not be there and it will reverse soon.

good draw on us stockpiles, expectations of fed rate hike tmrw lowered, weaker $, now only 25% priced in futures market.

on the other hand, if a hike comes tmrw, many will be caught off guard, stocks and crude and rm will fall.

take yr pick!

No, it is some of my old angpow collections from SG lying around the house (good enough for daily living expenses lah...)

Currently looking to generate passive income/investments type (prefer not to be committed/locked-up to 9-6 office daily routine)...

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This post has been edited by kEITh_22b: Sep 17 2015, 12:50 AM

Market is forward-looking. Look at ALL the mkt numerics converging onto a focussed outcome :

1) US Inflation number not up to expectations. We all know that the inflation number is one of the two MOST IMPORTANT gauges that the Feds looks at to determine the timing of an interest rate hike.
2) Worldwide Mkts flying high today.
3) Crude Price rising for now.
4) and finally, just found out from you that the Futures Mkt has priced in a 25% chance of a rate hike.

ALL the above are wrong if the Feds HIKE this week. I really don't think the Feds will surprise the mkt in this manner for their first hike. I really DON'T THINK so !!!

If I am reading your posting correctly, you want to convert back the SGD into RM in order to purchase local passive income instrumnts, right ? How much of the SGD are we talking about here ?

I haven't brought any SGDs (say with MYR) in the past before (these are just angpows of few hundred SGD that's all).

I would use part of my native savings/assets to do the investment(s)...

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This post has been edited by kEITh_22b: Sep 17 2015, 01:26 AM

blogomatic,

That is up to you. But, putting more money into ASx that mirror your EPF exactly is definitely a bad idea.

If Malaysia's economy goes bad, you will lose your job and businesses. All your local investment will be hit too. You will need some foreign exposure to feed you and your family

Dreamer

If you have a strong conviction of wanting to start diversifying your investment to another country, you can always start NOW. The amount of SGD that you have in-hand may not be sufficient to purchase stocks, but with a few hundred SGD in-hand, you can use this amount as your maiden sum to be put into a bank account in Sgp.

You won't earn any interest from there, and you can't move your money out, but at least you would have established a bank account in Singapore with this amount. Following that, you can start to top-up your Singapore bank account gradually by converting your 'other' RM into the SGD and depositing it into your Singapore bank account.

I know,... the amount does not seem justifiable for all this exercise, but having a bank account in Singapore will open up a whole lot of other opportunities for you later on in life. You will definitely not regret it. Never wrong with the SGD !

Read the other postings in this thread about 'not putting all your eggs into one basket', here meaning into one country: Malaysia.

Start somewhere in this overseas investment adventure,.. it is never too early to start.

Actually I would like to ask, does all these overseas investment require one to keep monitoring in case something goes south? As far as I know, S-reits is one stable one. Just dump money into it and wait for returns.

I am actually looking for something like 6-7%/pa without the need to keep monitoring. Just dump the money and collect the interest/dividend.

I agree..., 1 SGD is strong at around 3.00 MYR at the present...

1 USD is strong @ around 4.00 MYR at the present...

While the RM is weak; gold is also a strong currency in Malaysia at the present...

Rolex (luxury watch) is also increasing in price in Msia (due to the weak RM & strong/strengthening Swiss/Euros)... (a Rolex watch can be treated as a strong currency too...)

Strong foreign investments...

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This post has been edited by kEITh_22b: Sep 17 2015, 02:12 AM

Hmm. So for a person that do not have EPF, is save to invest in ASx.

Hmm. Seems legit.

Thank you.

usd stays relatively weak ahead of fed decision tmrw early morning.


usd 4.25-4.26
sgd 3.04-3.05




This post has been edited by AVFAN: Sep 17 2015, 10:15 AM

KLCI hikeeeeee

Bro,... congratulations on your investment insights !

You are approaching nearer and nearer to what I have been able to achieve ! You need a bit of timing to achieve the above with SG REITs, ie buy when the price is really low. I did it with the 2008/9 down cycle. My margin-of-safety is quite large.

Now, the good news : that opportunity may again be coming when the Feds start hiking. I am positioning my bullets now !! If you guys are interested, prepare your warchest, and when I buy, I will devise a way to inform you guys. Then you decide if you would like to follow or not.

I have nothing personal to gain here, except for accumulating good karma for trying to help people.

Refer closely to the thread on SG REITs. I will post there off and on on my tactics.

On August rally demanding fairness, rm dropped against all major currencies.
On yesterday's racial rally, rm increase?
Remember, rm20B from foreign reserve are being used to cover lost on crony companies, so just wait for this rm20B finish and it will continue to slide again. Tonight we will know.
Sometimes US cry too many time wolf will let people forgets

Did RM strengthen today ??? I saw the exchange rate from RM into the SGD is at the highest point on record now.