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.

   
correct. needed to look at sreit

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.

think you've already made your point. up to them to decide on what to do. and name calling is so childish. sometimes I wonder why the mods don't do anything about you. in addition, there are more people who has lost money on other UT and stocks as compared to those invest in ASx.

this is an informative article about currencies oil exporting countries at this time.

perhaps.... can say:

.. msia with "strong fundamentals" is right in the center.
.. devalued russian ruble and to a lesser extent, vietnamese dong having devalued right after chinese rmb, are now stronger.
.. brunei is vulnerable but currency is pegged to sgd, will be interesting to watch.
.. msia's debt/gdp is on par with or worse than many african countries.
still, all commodity economies will not have it easy for a long time to come going by this article:

i have no idea what will change the tide but can see 2 threats coming - el nino-water supply shortage; illegal immigrants w/o jobs.

A lot of Ppl is opening new foreign currency a/c plus changing to foreign currency notes as they anticipate MYR will depreciates further against major foreign currencies
V will witness another herd mentality in foreign currency which is similar to properties few years back
However, tis Ppl fail to realize tat USD/MYR could make a u turn n start to appreciates
Wat tis Ppl gonna do when MYR runs wild on USD?

oh, i think they know.

what will reverse the trend will not be oil or cpo rebounding hard or china flies again.

it will be m wins, n leaves. this one is a matter of weeks or months, not years, imo.

futile to worry about things like income tax, gst, gomen debt, buying new jets or ships - that, we can do nothing.

just manage the little savings we got, eat the food we like.
it's not that they want raise rates. it becos after almost a decade of near zero rates, their pension plans and insurance sector will soon go into meltdown if still no action. that will bring another lehman brothers, bad for the globe too.

Economic long term equilibrium always prevail. Most people have half understanding of economic and often the wrong half e.g the effect and fallout of US QE on gold price, kv property price, US interest rate, etc; China economy data on commodities price, etc.

Current onslaught on commodities and MYR started in 2014 and most people chose to ignore. US$ is expected to remain strong and stable in the medium term.

Unless one intend to trade US$ forex, need not hold US$ in cash. If one is unfamiliar with US stock, could hold in a number of ETF like DIA, SPY and IYR.

usd/myr 4.30. then... 4.5, 4.7, 5.0 or 4.0, 3.8, 3.5?

perhaps can look at other battered currencies of comparable nations - emerging market, commodities based, high corruption, high debt.
from this list, some currencies are either too different or too strong to compare.

but look at south africa and mexico. and brazil, turkey.

against usd:

brazil -65%
turkey -37%
south africa -35%
mexico -27%

msia - 35%

brazilian real due to national oil company corruption scandal is now rated junk by global agencies, so it is among the worst in the world while rm is worst in asia pacific.

mexico and south africa like msia are at risk for rating downgrade.

of course, there are many other factors. question is which ones will really help the rm and which ones can drive it further down?

i would think if a rating downgrade comes, rm will go to 4.50 if everything else remain unchanged.

Noob here. Just wondering if interest rate increase What will be the impact to market. If didn't then What will happen?

There is something called "baked in" the news already.

Financial market doesn't wait something to react.
It reacts way before hand.
Buy and rumour, sell on news.

DJ did spike up a lot when the news of no rate increase broke out, but soon profit taking sent it back down.

May be investors think deeper, wait, Fed no increase rate because economy not so strong, hence take a wary stand.
Just like as you have mentioned, sometimes thing is not as simple yes and no.

Rate increase - stock market should come down, but why rate can increase, because economy good and inflation, but economy good, stock market should go up as corporate earning will be good.
Rate decrease - stock market should go up, but why central bank decrease rate? because economy no good. Economy no good, corporate earning would be poor, stock should go down.

That's why analyst always have endless story to tell and reports to write, which can be a high pay lucrative job. 

if it is so predictable, everyone will be rich.
but what is impt is not to ignore some compelling facts.

e.g. china is slowing and will not pick up fast so soon; commodities prices will stay low for some years.

and... rm will likely stay low since there is really nothing major to help it strengthen significantly.

If it's random then people like Warren Buffett would not exist. People used to believe in Random Walk Theory until he proved them wrong.

I guess that is your problem. My problem is how to invest in good companies at good prices without being irresponsible. It seems if you want to support good companies at good prices these days, you have to either kill small investors with short-term volatility, or become a traitor to your own country by investing outside of it.

Wodenus needs to open a thread about Patriotism. 

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.

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.

Showtime n dreamer, What is your take on properties in Mysia?