Unker, why you ask other people a time frame, when you yourself don't give a time frame when Malaysia economy is crashing ?

Ya, he is more like a politician, when cornered, he will answer "I have stated what you asked, the answer is somewhere in my 100 pages thread...". Never a direct simple answer. Makes a debate never ending

I understand politician trying to survive and has to give such answers

But I don't understand what has he got to lose by giving clear answer. The conclusion I made is he has an ego bigger than a watermelon in his stomach. He can't swallow a single mistake even in the cyberworld where nobody knew him. Maybe he feels he has offended too many people in the past and 1 mistake he makes will be the end of his life in LYN

Diversify into forex investment. This is what we discussed all this while

Many ways we can do. Those I can think off my head :

1. Simply buy foreign currency
2. Buy shares in KLCI companies which earn majority of income in forex
3. Buy foreign market company shares like In USA, Singapore, HK etc
4. Buy commodity denominated in USD, like gold silver
5. Foreign assets like property, bonds, structured products

Not saying which is good or bad. Choose the ones most suited to you. I am sure there are others....

In economics, it is called the efficiency of capital allocation. We put our capital to where it is most productive.

In your KLSE example, I expect it to come down further in the next 3-6 months, so I liquidated a majority of it beforehand. This is where a prediction with time frame is useful in our capital allocation. I could be right, I could be wrong though. If you do it too soon or too late, it is unproductive. Financial decisions are always time sensitive.

On hindsight, we see very clearly we should put our capital in US$ denominated investment now. But just a few year ago when USA experienced sub prime crisis, one will be dead wrong. USA decline from 3.8 to 2.8. How many % was that ?

In a debate, those keyboard warrior talk based on hindsight always sound very plausible. That's why I asked for a time frame to make a debate meaningful and forward looking



When will it decline should be answered by the DDD (which you are better than unker, at least you give a time frame "before year 2030" ). The UUU is expecting no price decline, how to predict a time ? You have to think logically.

Anyway, This is a RM devaluation thread. We have enough of property bubble thread. I have made my stance very clear in those many threads. I always say there is a chance of bubble burst. If you wish, we can continue again over there

I really hope unker can give a timeframe. Even a "by year 2030" by you is better than none. Although it is a laughable time frame

This post has been edited by Showtime747: Sep 27 2015, 09:48 AM

Doctors do give a time frame based on their experience. Not exact date, but like "another 1 year", "six months" etc

You are a hindsight keyboard warrior then. Nobody here talk about US$ could go down to 4.40 just 1 year ago.

Professionals do give time frame. Not like some balls-less keyboard warrior here.

It does matter because the patient and his family can make preparation like Will/transfer of assets, fulfilling the patient's unfinished dreams, and get the family prepared mentally to reduce the impact to the minimum

When you have experienced such incident, you will appreciate the doctor's advice

All investment decision is time sensitive. Be it long term or short term. That is the basic in investment.

Of course, if you are a hindsight keyboard warrior, you can comment based on past events for 100% accuracy which investment is good and which is bad. You will suddenly be even a greater investor than Warren Buffett


You still remember something I said 2 years ago ? I can't even remember myself. I must be a very important person in your life that you still remember what I said 2 years ago

You always drift away from the points we talk about. You said doctors don't give time frame for patient. I said they do. Based on my real life experience.

Then you tell me the time frame prediction is not important to a patient. I gave you example why the time frame is important - give time to "prepare will/transfer asset", "fulfill unfinished dreams", "give family time to accept the fact their loved one is leaving them"

And now you single out 1 of the benefits of doctor giving a time frame and say "will and asset transfer can be done very quickly". How about the other 2 benefit ?

I find that you disagree with what I said for the sake of disagreeing, maybe because I said something you don't like 2 years ago.

Let me remind you this is a thread about RM depreciation. Don't drift away from the main topic. All I am saying to the negative and pessimistic people is - time frame is very important in financial prediction. If you want to make a prediction, include your time frame. Otherwise, your prediction is open ended and the discussion will have no conclusion

I think the value of this thread is to give the readers info and opinion on the benefit of diversification by investing in foreign assets. To protect/preserve/grow our money in different denomination.

I am sure many would think now it may be too late as RM has depreciated so much. However, the scenario now is it could still go both ways. Continue to depreciate, or reach its limit and appreciate. Frankly nobody can tell. But I agree on the quoted bolded part above. There must be some structural transformation to our political scene for real improvement. Otherwise, I think RM would depreciate further

Double post...

This post has been edited by Showtime747: Sep 27 2015, 01:03 PM

Ya, he is what we need for a prolonged debate

Actually what he said I agree for the most part. Malaysia economy is sick and not looking good. RM is still vulnerable. Any sensible people can see that. Just that he is too negative and pessimistic on the future that Malaysia "will be doomed and never recover". But when asked for a timeframe, he is making a "political correct" statement

What have you done for yourself on this unfortunate event ? I guess your answer will be that you are a student and ice cream stall attendant who has very little cash to worry about ?

Tell your strategy here if you are not trolling us. Readers would like to hear all opinion on RM. Not your taste on ice cream, paella and risotto.

Stop trolling in this section if you are not serious. You can always talk about food is the appropriate section

If I were you. I won't bet on AUD now. Although in long term it will still be better than RM.

I will invest in SGD and USD denominated investment instead. Should be safer. Whenever you need AUD, then convert from SGD or USD. They should have better potential than the uncertainty in AUD. When the commodity market / China demand improves later, then re-look at AUD vs SGD vs USD. Now AUD doesn't look good compare to the other two. Note : I am not familiar with other currencies though...

I don't believe you. Because the macai above you say you photoshopped.

Inb4 he will say I cannot debate and resort to calling him macai...

Guys, when everybody is so bullish and US$ shoot up so quick against almost every currencies, its time to take stock why it is so. It could be everybody is anticipating the rate increase and pricing in the expectation. When October comes, US$ may come down instead.

Just an alternative view...

Yield about 4-5%. Not bad for EPF. Last time only 2% to 3+%.

7% dividend in coming !!

Judging from how much my RM loss its value, must think positive a bit

When MGS 2% to 3+%, dividend is 6.75% mah. Now 4% to 5%, should touch 7% ?

US$4.39577 below 4.40 end of last week

Ya, everything got up and down. Waiting for opportunity again at <4.30.

Really surprised RM is up with so many negative news

I think the budget will be concentrated on "rakyat benefit" (read : spend for rural voters, to consolidate power)

Budget deficit is set to be broken

Ya, long term wise, based on status quo, RM doesn't look good. Will improve only if their is structural transformation in politics

For US$, short term wise, there is always a risk of rates rise being pricing in now until October. It is a risk we have to take when dealing in US$