usd/rm stays rangebound 4.31x.

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?

Hi Hansel, that is a very interesting insight. I hope you do not mind me asking what's the best way to hedge against a foreign currency eg.USD? If I would like to go down this path, should I be looking at opening a dual currency account, saving $ into an offshore bank eg. Singapore or buy some UT in FSM SG (not MY)?
I'm not very knowledgeable in these areas and would like to understand from you. Thanks in advance.

Did RM strengthen today ??? I saw the exchange rate from RM into the SGD is at the highest point on record now.

Still very very far from the ratio I wish 

here we go... first prediction of coming inflation - 40%!
seriously, i expect official inflation figure to be still <5% in a yr's time but...

i expect 25-30% overall price incr for urban consumer spending, be it kopi-o, pizza, car battery or ipad.

after price goes up, they never come down.

now, if oil/petrol price rise 10%, 40% actual price incr in a yr's time is very possible.

such shockers coupled with imprudent budgets already seen in several  other countries of late.

CPF cannot take out to use one until you get old....Still not good enough 

this is the trillion $ question, isn't it?

the situation is very fluid and changes every day or week.

weak or strong usd will continue to drive direction of commodity, stocks and bond prices as it has for the past 1 yr.

imo, futile to try to read the fed, can only not fight it.

good if u r very convinced which way to go.

i am not so sure which way it will go from here...

Short USD now to make $, anyone?

The direction is changing
Y u want to go against it now?

Probably...

Thank you, bro,...

Referring to your earlier comment, I must say that I am more for the possibility that if this China Trade number is not satisfactory and the MAS is to ease tomorrow based on another bad GDP result which is due out at the same time tomorrow morning, then the STI will fall. True enough, the STI fell, though not that much.

For the REITs and stocks I am watching, they were greener in the morning before the report came out, then slowly each counter goes red one after the other. 2 counters were unchanged.

AND : from my first para in the above, the SGD should weaken against the USD and the MYR. But it strengthened instead,... unless we say,... that... people are buying-up the SGD due to its safe-haven currency status. But who would want to buy a safe-haven currency that is going to weaken soon ?

Unless, of course, the GDP number from MAS is really not that bad, and MAS will not ease tomorrow morning.

 

Folks,

There is an additional advantage of diversification with asset allocation and re-balancing.  You always "Buy Low and Sell High".

So, let's say you put 50% into US stock index ETF and 50% into non-US World stock index.

If US stock goes down and non-US stock world index goes up,

You sell world index (high) and buy US stock index (Low).

Ditto, if US stock goes up and non-US stock world index goes down.

You sell US stock (high) and buy world index (low).

You can do this with multiple asset classes across multiple countries with FIXED percentage.

Dreamer

Managed to convert a batch of MYR into the SGD last Friday at 1 SGD = 3 RM. More ammo accumulated for the SGD warchest and ready to take advantage of further plunge in the STI.