Fundsupermart.com v12, Najibnomics to lift KLCI?
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 Oct 26 2015, 07:31 PM
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#1
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Junior Member
113 posts Joined: Sep 2015  
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Hi sifu Sekalian, I've been following this thread for a while and intend to invest soon. Considering I'm looking at overseas funds, would the current exchange rate affect my investment directly meaning that I would stand to gain more if I invested when myr becomes stronger?
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Oct 26 2015, 09:00 PM
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#2
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Junior Member
113 posts Joined: Sep 2015
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QUOTE(Pink Spider @ Oct 26 2015, 07:36 PM) No, it's the other way around. What I'm concerned was that I would gain less if MYR becomes stronger after I invested my money. Thanks for the explanation Imagine this... A shirt is worth USD100 then U bought it by RM300 (USD1:RM3) Now MYR WEAKENED USD4.50:RM1 The shirt is still worth USD100 But in Ringgit, it is now worth RM450 Get your forex understanding right... U want to buy foreign assets when Ringgit is strong And u hope that Ringgit weakens AFTER u have already bought the foreign assets   |
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Oct 29 2015, 01:22 PM
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#3
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Junior Member
113 posts Joined: Sep 2015
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Hmm I'm thinking of adding in RHB total return, should I hold and see how it turns out with this new news?
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Oct 29 2015, 01:22 PM
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#4
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Junior Member
113 posts Joined: Sep 2015
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Hmm I'm thinking of adding in RHB total return, should I hold and see how it turns out with this new news?
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Oct 29 2015, 01:30 PM
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#5
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Junior Member
113 posts Joined: Sep 2015
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QUOTE(wil-i-am @ Oct 29 2015, 01:23 PM) A volatile Fund with NAV swinging up n down Just thinking of starting my portfolio with titanic, ponzi 2 and RHB total return.Not so sure now with this VSS news   |
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