Say in sep2009, u have rm200k cash n put half in each RM's FD(4% int) n USD's FD(1% int, USD/MYR=3.6). And now after 6 years, u decided to convert the USD to MYR at 4.3, guess what, they give the same returns. I am assuming the USD's FD at 1% or could it be higher/lower due to QE?

This post has been edited by MGM: Sep 10 2015, 07:44 AM


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Over the years, I have invested in KLSE unsystematically, I won some and lost some and felt that this is a no win situation. Maybe I have not mastered the tricks like so many of the experts here. Which is why I am comfortably invested in ASX knowing that they consistent gives 6-7% until the recent scares flaring out like wild fire. I am starting to look into asset diversification and corelation(don't want to be caught in the situation where 1 asset gain is canceled out by 1 lost).

I know of a friend who invested in China Stocks over the last ten years. With a intial investment of RM1m in 2005, the value rose to RM5m in 2007, then it came down to RM1m+ after the crisis and dingdong there until this year when it rose to RM4m+. When I told him that 1 bird in hand is better than 2 in the bush, he replied that this time is different. Unfortunately it is now back to RM1m+. If he is to liquidate all now, he will still makes some money (may be 3-4%/pa). May be it is the rollercoaster feeling that he is after.
So this would be considered a long term investment but without appropriate timing of cashing out it is just like a rollercoaster ride.


This post has been edited by MGM: Sep 10 2015, 10:46 AM

Any special reason why Thai Baht is stronger than MYR when Thailand is not short of troubles lately? MYR's fair value should at least be on par.

So it is more on perception than fundamental? Investors are immune to the troubles in Thailand. So if Malaysia political problems subsided/solved then MYR should strengten.

This post has been edited by MGM: Sep 10 2015, 01:53 PM

Dr.M has accessed to Petronas account?

Not just ASx lah, almost everything valued in MYR would be affected. Unless u diversified to overseas (as long as their currencies appreciate substantially against MYR).

Premature claim. Market too volatile even within the same day. Best not to claim.

When u TT the funds to your USD foreign currency account in Singapore, is there any limit/restriction imposed? How much is incurred for currency conversion n fees?

Previously 20b, now an additional 28b?

But the 20b has not even been deployed yet.

That's only half of the story, she also said:

She told the daily that during the 1997/1998 financial crisis, Malaysia took 18 months to recover. “Our track record has shown us that every time we have been set back, time and again, we have been able to bounce back. It is more than once. We bounced back, and we bounced back quickly,” she was further quoted as saying. – September 17, 2015. - See more at: http://www.themalaysianinsider.com/malaysi...K.5EHYZWwn.dpuf

It doesn't matter what I believe, I am just trying the complete the full story. What is your take on the price movement of Oil within the next couple of years?

Congrats . I unfortunatefully didn't manage to diversified, just like what dreamer said, put everything in the same basket. But luckily I can still live with 2% of my networth as my yearly expenses with negligible debts(4%). Was thinking about investing in s-reits few years ago when I started following a Sporean's blog http://singaporeanstocksinvestor.blogspot.sg/, at which time exch-rate @rm2.50.

Say if I had invested rm250k(SGD100k) in S-reit(instead of ASx) 3 years ago, would my present value in S-reit > SGD100k (rm300k)? My present value of the ASx is roughly rm250k+21%=rm302k.

Based on the chart below, FTSE ST Real Estate Investment Trusts Index SIN: XX:FSTAS8670 was about the same level 3 years ago compare to now.~700. Does the chart includes dividend?


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Extracted from this article:

OPEC forecasts oil prices will grow by no more than $5 per barrel a year to reach $80 by 2020, with rival non-OPEC production growth slowing but not fast enough to fully clear the current oil glut, according to OPEC sources.

The report forecasts that non-OPEC supply would amount to 58.2 million barrels per day by 2017, some 1 million barrels per day lower than in the previous forecast.

Even if markets begin to rebalance as low oil prices are hurting high-cost non-OPEC producers, prices are unlikely to return above $100 per barrel until 2030-2040, according to one of the sources.


With the price at this level, wonder what will happen to the shale0il industry, shutdown?

This post has been edited by MGM: Sep 18 2015, 08:53 AM

Things are unpredictable nowadays, prices probably already factor this in the stock market.

Sorry, cherroy already explained above.

This post has been edited by MGM: Sep 18 2015, 08:58 AM

Some 'forecastors' probably have certain agenda.

I am prepared even if rm drop to 5.00 against USD. Sorry but I don't believe Mysia econ will crash n not recover, on this I have more faith with DrZeti than Dreamer.
I am not DIVERSIFIED enough if u mean investing out of Mysia. My networth within Mysia consists of oilpalm estates, ASx and EPF. I thought I am diversified enough within Mysia. I have some shares in KLSE n some private companies and a fully paid house which I am staying in n 2 years of emergency funds in FD.
I also believe that oil price will rebound. Worst come to worst I just have to shelf my plan of early retirement and continue to work as I can live with my employment income without touching my networth which is appreciating ~6-8%/year although in RM terms.
I also believe that it is too late to diversified out at the current exch rate, so just have to wait out for the rebound. Or maybe I will start buying nonlocal UT.
I am treating my ASx as a high-interest savings acc waiting to channel them out when the time is right. My ASx has appreciated by 46% since 2009, while USD/MYR has increase from 3.5 to 4.2, 20% increase (at 46% USD/MYR has to touch 5.11).

Would like to see your view on Oil for the next 5 years?

This post has been edited by MGM: Sep 19 2015, 08:30 AM

You r right I am no longer bold, cos I am no longer in prime years for investment, I am more into preserving my wealth.

Wa, u guys are fast. Like I said I believe the econ would not crash but maybe go into recession. Even if I lose my job, I believe I could easily get a job in Spore(if not for the daily travel) to tide me over. At the moment I only need 2% of my networth for yearly living expenses n currrently this networth is appreciating at ~6-8%. I think I can even stop working now, and my networth will still appreciating at 4-6% (but in depreciating RM).

I hope to slowly diversified out of the country carefully which was why I seek your advise previously on Vanguard's products.