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 USD/MYR drop, V2

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elea88
post Oct 5 2015, 10:22 AM

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QUOTE(Hansel @ Oct 5 2015, 10:13 AM)
Hi MGM,... Having three assets in Msia, namely the EPF, my practice and my properties, which are all denominated in the RM, I think the diversification process adequeate for the Msia side.

What ever extra I make in my practice and well,... whatever I have in my ASX, I think, should be diverted outside already.

A bit more of opinions here : it takes time to sell away my props, hence, those props are in a dangerous position and might be confiscated by the Govern't if times turn out to be really bad. I see the pattern is emerging whereby our leaders are asking us to leave this country (my opinion), and being in the legal industry, if there is nothing we can do to refute these 'halau' statements against the minorities, then I think things are moving in a certain direction already.. I'll prepare myself for the day when our citizenship is revoked (which is, under the laws of accusations within the Sedition Act, the Govern't can impose this.)

My minor in University was Political Science. Hence, my decisions on how I am forced to take positions in my financial survivability.

I think our PM is a very learned man, he knows how to capitalize on all the advantages of the law in his favour. I respect him very much for his great knowledge and on his political maneuvers nationally and internationally, but not on his other traits. He is just too smart for us,... He can drive the minorities out of this country.
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i agree, its the props investment that are inmobile and stuck at the moment....
elea88
post Oct 6 2015, 04:06 PM

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QUOTE(prody @ Oct 6 2015, 01:20 PM)
You can always sell a property. It just depends on the price on how long it takes.
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Not that liquid.. Been trying to dispose some of my prop for the past year....

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