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 USD/MYR drop, V2

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blogomatic
post Sep 10 2015, 07:16 PM

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QUOTE(langstrasse @ Sep 10 2015, 07:08 PM)
Thanks for sharing, but I just feel like I've been reading the same article again and again for months now.

Volatility, capital flight, Fed "potential" interest rate hike, bear market etc.

Seriously I think you could take one article from 3-4 months back, change the date and post it and no one would see the difference. It's as though the journalists have nothing else to talk about and just recycle the same things.

It's like watching those Korean dramas with the same storyline over and over again. smile.gif
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isn't the same with this thread? uncle dreamer keep bashing asx, epf - repeating the same thing over and over till a point of annoyance
blogomatic
post Sep 10 2015, 09:22 PM

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QUOTE(dreamer101 @ Sep 10 2015, 09:12 PM)
ikanbilis,

The question should be why the DUMMIES still buy ASx??  And, since they are still doing it, they deserved to be reminded again and again how DUMB that decision is.

Dreamer
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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.
blogomatic
post Sep 10 2015, 10:47 PM

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QUOTE(Showtime747 @ Sep 10 2015, 10:15 PM)
Let him be lah. He is like that. Just ignore him if you don't like his comment. He can voice his view as many times as he likes, and you can also ignore him as many times as you like. Unless he tagged you then you report him for baiting

Be confident with your own investment. If you are confident, what others say is just jokes to you.

I give you a joke now. I think unker is correct this time  tongue.gif  tongue.gif
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nobody says he's wrong. just that he has to learn to show some respect to others. point is, it's annoying to see him doing that. we should prevent it from happening, not sweeping it under the carpet.
blogomatic
post Sep 14 2015, 08:35 PM

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QUOTE(AVFAN @ Sep 14 2015, 05:52 PM)
we'll see if this valuecap will be able to keep prices high or simply allow foreigners to get out at better prices.

seems no effect on rm today.

notice epf is in there? sweat.gif
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QUOTE(nexona88 @ Sep 14 2015, 05:56 PM)
so PNB, EPF & Khazanah equally "own" ValueCap  hmm.gif
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QUOTE(nexona88 @ Sep 14 2015, 08:31 PM)
I know where  tongue.gif

Permodalan Nasional Berhad (PNB), state-owned Employees Pension Fund (EPF) and Khazanah Nasional Berhad.
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QUOTE(anudora @ Sep 14 2015, 08:32 PM)
Yeah just read about it.
My EPF Money!!!!!!!!!!
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unker dreamer's prediction is coming true notworthy.gif
blogomatic
post Sep 16 2015, 11:42 PM

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QUOTE(nexona88 @ Sep 16 2015, 10:59 PM)
1.00 USD  =  4.21 MYR

1.00 SGD  =  3.01 MYR
blink.gif from 4.30 to 4.21 in 1 day  hmm.gif
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the key is to DIVERSIFY. if you put all your eggs into foreign investments, imagine if ringgit strengthens to 3.8. a lot of people will lose money.

do not put all your eggs into 1 basket. if you cannot understand that, you can't be saved.
blogomatic
post Sep 16 2015, 11:48 PM

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QUOTE(nexona88 @ Sep 16 2015, 11:45 PM)
I wonder what unker Dreamer would say about the bolded part  sweat.gif
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he will say 'don't worry. be happy'. cus ringgit wun strengthen in the next 10 years. lol
blogomatic
post Sep 17 2015, 12:10 AM

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QUOTE(Hansel @ Sep 17 2015, 12:02 AM)
No, he will say : even with the slightest chance that the RM would experience something near to a miracle and it DOES bounce back significantly in the next ten years, you will still have your EPF savings, and your natural active income in RM with you.

BUT : if the RM dos not rebound strongly in the next ten years, you would thank him for alerting you to diversify.

With the above strategy : You would have covered both ends of the eventualities.
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QUOTE(Hansel @ Sep 17 2015, 12:06 AM)
If your RM strengthen to 3.80 tomorrow, you will be able to enjoy your EPF and your natural active income in RM. You will still have these, and I would think many of you will still have your rental income and perhaps KLSE share dividends too, ALL in the stronger RM.
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true true. the key is to DIVERSIFY.

20% would be in EPF
80% would be in foreign investments

you will lose too much if ringgit strengthen against usd. the key is to DIVERSIFY. do not put all your eggs into 1 basket. if you can't understand that, you can't be saved.
blogomatic
post Sep 17 2015, 12:31 AM

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QUOTE(dreamer101 @ Sep 17 2015, 12:27 AM)
Hansel,

Why is it so hard for people  to understand a simple concept like DIVERSIFICATION??

Do not put all your eggs into ONE basket.

Common sense is highly uncommon.

Dreamer
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so, what ratio does unker dreamer suggest to diversify between local and foreign investment?
blogomatic
post Sep 26 2015, 11:59 PM

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QUOTE(Showtime747 @ Sep 26 2015, 10:03 PM)
Unker, why you ask other people a time frame, when you yourself don't give a time frame when Malaysia economy is crashing ?
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because unker's strategy is 'you will die. someday.' politician answer. stating the obvious but not what we want to hear
blogomatic
post Sep 27 2015, 11:52 AM

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QUOTE(Showtime747 @ Sep 27 2015, 06:17 AM)
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
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QUOTE(icemanfx @ Sep 27 2015, 07:59 AM)
Only dead and tax is certainty in life. Even doctor can't tell when his terminally ill patient is going to die exactly.
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QUOTE(Showtime747 @ Sep 27 2015, 09:39 AM)
Doctors do give a time frame based on their experience. Not exact date, but like "another 1 year", "six months" etc
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QUOTE(icemanfx @ Sep 27 2015, 09:49 AM)
If a doctor give a patient 1 year to live, does it matter if he dies in 6 or 24 months?
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what i'm trying to say is, he's giving politically correct answers. unker dreamer gives a general statement that 'everyone will die'. whether die in 1 month, 1 year, 10 years, he will still be 'correct' at the end of the day.

blogomatic
post Oct 10 2015, 10:44 PM

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QUOTE(dreamer101 @ Oct 10 2015, 10:27 PM)
Folks,

In regards to USD/MYR, some powerful people want TPPA to pass.  Hence, it will force USD to drop against all those commodity export countries while TPPA being tabled and passed by those countries.

The question that you need to ask in term of Malaysia is after TPPA is passed, what will happen to USD/MYR??

50+% of KLSE is owned by GLC and GLIC.  TPPA is a free trade agreement.  So, some of the GLCs will lose protection to some degree.  Meanwhile, US companies will gain at some degree.  So, net-net, USD will gain against MYR after TPPA is passed.

In summary, this is a good opportunity for people to get out of this basket before TPPA is passed.

Dreamer
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lol. hard to imagine these powerful people can force usd to drop just make those tppa countries happy to sign up. it may or may not be due to tppa. it could be the OIL MONEY. lol.
blogomatic
post Oct 10 2015, 11:08 PM

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QUOTE(nexona88 @ Oct 10 2015, 11:06 PM)
they have so much "power" until can make MYR "stronger" & make BolehLand leaders to sign TPPA  shocking.gif  ohmy.gif
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becoming like our ministers rclxub.gif whistling.gif

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