RM climb or USD drop? More like the latter.

Topped Up

EI Small Cap
Ponzi 2.0



.... wondering... should i top up titanic/kgf?

a kid will cost at least $500K (birth to 3+1 Uni) leh..
not too logical to save pennies and be killed by the pound

I'm talking this week only ok. RM is up against USD, Pound, Euro, SGD. so it's RM up or USD down?

oi oi u dun like that ah later he really do that then jialat

Continue:

IV) Now we are aware of the 3D of investing, let's move on to the fourth dimension. In art, it is called colour... coz in the real world we look at things in colour, not grey scale. In investing, when we start putting different risky assets together, we call it a portfolio. ROI, risk are parameters that are good for choosing one single asset. But when you need to put a number of assets together, you need another parameter called correlation coefficient (greek symbol is Rho).



Now that I have given you all the theory, let's move on to the gist of what I want to say....


RHB Asian Total Rtn and RHB Asian Income on its own are good fund if seen from its risk to reward ratio. But when I throw it into Algozen™, it got spit out because they are too highly correlated to Ponzi 2.0. Ponzi 2.0 is still by far a more superior fund compared to the RHB ones, it reject the former in lieu of for Ponzi 2.0.

In conclusion; Algozen™ still maintain Ponzi 2.0 + Titanic + small cap for the best diversification.

RHB emerging mkt bond fund is not considered at all because it does not have long track record hence automatically excluded - Avangelice you owe me a beer!

Xuzen

This post has been edited by xuzen: Oct 9 2015, 11:01 PM

USD has been going down as well, so may be compound effect?

Demi maruah lelaki



Back to topic

With Ringgit (temporary) strengthening, and US stocks recovery not-so strong, I think a good time to buy more Global Titans. Let's see if this situation persists on Monday...

Bingo.... Just the comment I need...

RM is strengthening. If we buy today,and RM continue to strengthen against the greenback.... does it means the NAV will continue to fall? Example if top up Titanic. xD

I am topping up on Ponzi 2.0, Small cap & Titanic on Monday!

Xuzen

Emphasis on the word "temporary" bro...

Dow and S&P 500 not really flying + Ringgit strengthening/Dollar weakening = u are buying US stocks "cheaper"

2 scenarios:
(1) Later Ringgit resumes its fall = u win, Dow and S&P 500 no need fly also u gained
(2) Ringgit stabilises BUT Dow and S&P 500 resumes their bull run = u win also

I THINK the risk is worth taking

digesting the meaning of the words. LOL...

I think I understand... haha..

Was seeing from ringgit dropping point of view... Didn't take into account dow's side... hmmmm....interesting...

Hahahahaha I owe you a beer then buddy! Thank you for the insight though. Looks like I'm heading to the right track.

wah, what happened to the 3rd scenario? RM continue to climb/USD continue to fall and KLCI continue to rally? or even the 4th scenario, US growth story fail to take off. DJIA today = 17088, 52 week high = 18,351, 52 week low = 15,370. what is the upside for DJIA compare to the risk?

This post has been edited by dexk: Oct 9 2015, 11:16 PM

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This post has been edited by xuzen: Oct 10 2015, 10:30 PM

RM continue to climb? I think many think that the MOST RM can go against USD is 3.80

Read the Fed's words...

US is actually in quite a good position now, they basically CAN raise rates now, but they CHOSE not to cos:
(1) they wanna keep US exports competitive
(2) they wanna avoid "hot" money flushing back to US uncontrollably
(3) if (2) happens, emerging markets die, effect of which will eventually flow to US businesses (e.g. Chinamen stop buying Pradas, Guccis, Nikes, Chevrolets etc, who will die?)

IMHO KLCI is back to fairly valued territory already, esp the blue chips/large caps

of course there is are reasons they chose not to. isn't it bad enough if you buy Monday and RM goes from 4.1 to 3.8? anyway, i'm also watching this GTF and RHB big cap china. so tempted to go in couple of weeks back (as posted here then). if I had, it would have been neutral I think. GTF lost, and big cap china gain.

Well...

Ringgit strengthening is in large part due to the news of TPPA, right? I suspect it will run out of steam very soon.

And oil recovering toward USD50...