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 USD/MYR drop, V2

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nexona88
post Sep 9 2015, 12:23 PM

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1.00 USD = 4.32 MYR

1.00 SGD = 3.05 MYR shocking.gif
nexona88
post Sep 9 2015, 04:31 PM

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QUOTE(Hansel @ Sep 9 2015, 04:06 PM)
Only 6-lar, some got 7, .... where to get decimals ? BUt I have not sold all yet,... Listen to him speak on Oct 9,.. then can decide whether to get rid of all or not.
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who? hmm.gif
nexona88
post Sep 9 2015, 04:35 PM

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Personal reminder to myself of these meeting dates that will affect MYR, OPR , Bursa etc.

sep 9 umno supreme council meeting

sep 11 bnm meeting

sep 16 (potential) red rally

sep 16-17 (sep 18 early morning here) USA Fed FOMC meeting

laugh.gif
nexona88
post Sep 9 2015, 05:56 PM

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QUOTE(Hansel @ Sep 9 2015, 05:12 PM)
Oct 9 - Budget 2016. probably the most impt speech for our local events this yr..

Sep 11 - Singapore Election, for those invested into SG assets.
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PAP will still win, but with less seats tis time sweat.gif
nexona88
post Sep 9 2015, 06:27 PM

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Maybank Rate
winrar
» Click to show Spoiler - click again to hide... «


This post has been edited by nexona88: Sep 9 2015, 06:28 PM
nexona88
post Sep 9 2015, 07:54 PM

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QUOTE(langstrasse @ Sep 9 2015, 07:46 PM)
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 ?
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answer in ASNB thread tongue.gif
nexona88
post Sep 9 2015, 10:05 PM

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QUOTE(Hansel @ Sep 9 2015, 09:52 PM)

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.
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yes, He would be in History books.. as the person which have so many scandals yet managed to hold power with country going down the drain blush.gif
nexona88
post Sep 9 2015, 10:48 PM

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QUOTE(dreamer101 @ Sep 9 2015, 10:39 PM)
Ramjade,

It is NOT the same.  It is a form of diversification that you do not get with ASx.

How many times do I have to REPEAT in order to get through your THICK SKULL??

Do not keep your all eggs in ONE basket!!

Dreamer
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how about foreign currency account? hmm.gif
nexona88
post Sep 9 2015, 11:13 PM

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QUOTE(dreamer101 @ Sep 9 2015, 11:01 PM)
nexona88,

That will provide some diversification too.

In summary, for most Malaysians, 20+% gross income are in EPF.  Hence, for most Malaysians, they are overly invested in Malaysia.  They should invest / save some money outside of Malaysia and / or foreign currency.

Dreamer
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rclxms.gif thumbup.gif sweat.gif

QUOTE(AVFAN @ Sep 9 2015, 11:06 PM)
if u r already having myreits, u can always buy some sgreits.

same broker/bank, same process, piece of cake.

cost just a bit more in brokerage.
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correct. needed to look at sreit blush.gif
nexona88
post Sep 9 2015, 11:24 PM

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QUOTE(Showtime747 @ Sep 9 2015, 11:16 PM)
Beware of US interest hike. Choose those which is least affected by interest rise
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oh yeah.. US Fed Rate also needed to be considered blush.gif
nexona88
post Sep 10 2015, 06:13 PM

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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
nexona88
post Sep 10 2015, 08:07 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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well the reporter needed to "cari makan" lor.. so they need to write something even if the info are recycle over n over again tongue.gif
nexona88
post Sep 11 2015, 04:04 PM

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QUOTE(jasonkho @ Sep 11 2015, 01:42 PM)
Iphone 6s Starting at RM3k
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weaker MYR, so what to expect yawn.gif

anyhow why waste 3k for a phone, when u can get cheaper option. let's say around 1k tongue.gif
nexona88
post Sep 11 2015, 06:34 PM

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QUOTE(Hansel @ Sep 11 2015, 06:30 PM)
Very High probability ! Might not drop so much against the USD if certain events detrimental to the USD unfold next week, but will most probably depreciate against the SGD ! More so if the PAP wins by more than 81 seats in Parliament tonight !

Long live the SGD !
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if PAP can maintain all the seat won last GE also good enuf rolleyes.gif

most likely lose more seats tis time but still hold majority hmm.gif
nexona88
post Sep 11 2015, 10:56 PM

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QUOTE(kit2 @ Sep 11 2015, 10:35 PM)
i was hoping for no. 3 - owner is having a big sale! ^^
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nexona88
post Sep 12 2015, 01:56 PM

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PAP wins in a landslide with 69.86% of votes in Singapore GE 2015

The ruling party takes 83 seats and recaptures Punggol East SMC while the Workers’ Party retains Aljunied GRC and Hougang SMC with reduced margins.

1.00 SGD = 3.15 MYR next week blush.gif
nexona88
post Sep 12 2015, 03:00 PM

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QUOTE(supersound @ Sep 12 2015, 02:37 PM)
Your mind too narrow, I'm expecting rm3.50 whistling.gif
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actually wanted to write 3.30, but was thinking it's 'too over" so I settle for 3.15 MYR blush.gif

This post has been edited by nexona88: Sep 12 2015, 03:02 PM
nexona88
post Sep 12 2015, 03:25 PM

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QUOTE(supersound @ Sep 12 2015, 03:23 PM)
There's never been over for current condition whistling.gif
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sadly it's so true sad.gif
nexona88
post Sep 12 2015, 03:33 PM

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QUOTE(nanan75 @ Sep 12 2015, 03:05 PM)
changing my ringgit today to sgd, with this and softening crude, things not looking good unsure.gif  unsure.gif
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what's the rate u got? hmm.gif
nexona88
post Sep 12 2015, 03:34 PM

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QUOTE(supersound @ Sep 12 2015, 03:33 PM)
If can't take it, commit suicide lor whistling.gif
That's why sometimes we must have back up plans to cater this shit.
During good times, make and save, during bad times, brace your self.

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nod.gif sad.gif

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