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 USD/MYR drop, V2

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langstrasse
post Sep 9 2015, 07:46 PM

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QUOTE(Hansel @ Sep 9 2015, 01:33 PM)
For the helpful forummers here who carry a view that the ASM is still viable, please visit your branches asap if you wished to top-up or open booklet. I have made some divestments !

Good luck !
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I guess the question on everyone's mind would be : if you're taking it out of ASM, what are you channelling your money into ?
langstrasse
post Sep 9 2015, 10:55 PM

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QUOTE(Hansel @ Sep 9 2015, 09:23 PM)
Hi.... I'm not a good role model. I have a very pessimistic and defensive 'what if this happens' and 'what if that happens' attitude. I tend to 'over-do' my due diligence too much. At the slightest smell of risk, I will disengage.
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You sound a lot like an engineer :-)

QUOTE(dreamer101 @ Sep 9 2015, 09:50 PM)
langstrasse,

He has 8 to 10 millions worth of investment and fair amount of that in Singapore.  As long as he does not lose his money, he has more than enough.  So, please bear this in mind when you read his post.

Dreamer
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*gulp*
That does help put things into perspective.
Man you guys are loaded ! :-)
langstrasse
post Sep 10 2015, 07:08 PM

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QUOTE(nexona88 @ Sep 10 2015, 06:13 PM)
Malaysia’s ringgit fell to its lowest in more than 17 years as a renewed selloff in stocks and Brazil’s rating cut reignited concern capital will flow out of emerging markets as the U.S. prepares to raise interest rates.

http://www.theedgemarkets.com/my/article/r...?type=Corporate
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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
langstrasse
post Sep 24 2015, 10:08 PM

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QUOTE(nexona88 @ Sep 24 2015, 06:08 PM)
I observe one thing. whenever there's school holiday, MYR would get even weaker & sometimes break new record high  rolleyes.gif
I guess that's what happening today  sad.gif
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Interesting observation - but how do we explain that ? Or simply coincidence ?
langstrasse
post Oct 17 2015, 07:58 PM

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It's interesting how people are getting used to the 4 to dollar level, so quickly.
langstrasse
post Oct 18 2015, 08:18 PM

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QUOTE(AVFAN @ Oct 18 2015, 12:06 PM)
it's always calm before the storm. tongue.gif

i am watching china's data for next few weeks/months. i see that driving commodities prices and hence currencies.

even fed/usd appears mindful of that. tongue.gif
interesting observation. is it true? hmm.gif

my take is 1/3 sees no effect/dun care, 1/3 feel the pain but accept quietly and 1/3 agonizing/struggling.

imported inflation has only just started; by early next year, that may change dramatically.

the bad news is even if rm goes <4.0 later next year, i can't see how consumer prices will come down - they never do.
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QUOTE(prody @ Oct 18 2015, 04:19 PM)
People who are used to it:
1 It doesn't affect them (yet) or they think it doesn't affect them.
2 Too rich to care.

I'm definitely not used to seeing a 17k imac.  shakehead.gif
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It really does seem like the proverbial frog in hot water, people (especially Malaysians) complain about a lot of things at first but eventually they just get used to it.

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