Outline ·
[ Standard ] ·
Linear+
USD/MYR drop, v3
|
dasecret
|
 Mar 29 2016, 11:52 PM
|
|
QUOTE(Ramjade @ Mar 29 2016, 11:49 PM) Well if you look at it USD/MYR have swing quite a lot. Don't count the 3.8->4.x Count the number of swing of 4.x. If I have access to RM10k, I think easily profit >RM1k already. ASX FP is for emergency fund. Those funds will never be touched as I will make sure that the dividend gained is more than enough to support me for 1 whole year (enough to cover my monthly expenses) If you want to outrun inflation, you will need something at least 8%. ASX FP cannot give 8%. They only give 6.x%/year = more or less the real inflation. So need risk to gain more. I have counted. Theoretically it is possible provide the money changer spread is 0.1 and not higher. That's why I said, need to experiment to know if it is feasible or not.  My solution to getting 8% is much simpler http://www.fundsupermart.com.my/main/fundi...formed=topFunds10 year annualized 17%. Why bother with the kind of risk coming from FX which God knows which direction it will go next |
|
|
|
|
|
Ramjade
|
Mar 30 2016, 12:23 AM
|
|
|
QUOTE(dasecret @ Mar 29 2016, 11:52 PM) My solution to getting 8% is much simpler http://www.fundsupermart.com.my/main/fundi...formed=topFunds10 year annualized 17%. Why bother with the kind of risk coming from FX which God knows which direction it will go next That will be among my to do list as well (FSM). Like I said if USD/MYR can swings 2x/month, and you get it, that's already about 8% returns per month. In one year, 96% returns. But let's be realistic. 96% returns kind of scare me. I think I will settle for lesser. Realworld returns should be about 20-30%/p.a returns. |
|
|
|
|
|
TSwil-i-am
|
Mar 30 2016, 08:32 AM
|
|
|
QUOTE(HarpArtist @ Mar 29 2016, 11:40 PM) have been the best over this year...but still not regained the worst ground lost last year. still upside possible. Price can comes down fast but move up very slow Thus, b patience |
|
|
|
|
|
MGM
|
Mar 30 2016, 08:33 AM
|
|
|
QUOTE(Ramjade @ Mar 30 2016, 12:23 AM) That will be among my to do list as well (FSM). Like I said if USD/MYR can swings 2x/month, and you get it, that's already about 8% returns per month. In one year, 96% returns. But let's be realistic. 96% returns kind of scare me. I think I will settle for lesser. Realworld returns should be about 20-30%/p.a returns. Good luck.  |
|
|
|
|
|
MGM
|
Mar 30 2016, 08:36 AM
|
|
|
QUOTE(dasecret @ Mar 29 2016, 11:52 PM) My solution to getting 8% is much simpler http://www.fundsupermart.com.my/main/fundi...formed=topFunds10 year annualized 17%. Why bother with the kind of risk coming from FX which God knows which direction it will go next Wa, this Eastspring Investments Small-Cap Fund is a top performer in long-term categories. This post has been edited by MGM: Mar 30 2016, 09:38 AM |
|
|
|
|
|
leonard73
|
Mar 30 2016, 08:41 AM
|
Getting Started
|
Out of curiosity, I am wondering have you try trade physical currency deal ?
|
|
|
|
|
|
HarpArtist
|
Mar 30 2016, 08:44 AM
|
|
|
QUOTE(wil-i-am @ Mar 30 2016, 08:32 AM) Price can comes down fast but move up very slow Thus, b patience well said but why consumer goods is the opposite, price up fast never come down  |
|
|
|
|
|
Codroy
|
Mar 30 2016, 08:47 AM
|
Getting Started
|
seem 3.96 today
|
|
|
|
|
|
TSwil-i-am
|
Mar 30 2016, 08:53 AM
|
|
|
QUOTE(leonard73 @ Mar 30 2016, 08:41 AM) Out of curiosity, I am wondering have you try trade physical currency deal ? Very tedious |
|
|
|
|
|
leonard73
|
Mar 30 2016, 08:59 AM
|
Getting Started
|
QUOTE(wil-i-am @ Mar 30 2016, 08:53 AM) Really? If say a friend want to sell to me USD 1mil, and based on the selected date closing rate with another 10cent deduction for the rate to exchange with me.. How much do I earn in %? |
|
|
|
|
|
Ramjade
|
Mar 30 2016, 09:07 AM
|
|
|
QUOTE(wil-i-am @ Mar 30 2016, 08:53 AM) But compare to online. Money changer rate won't change so fast right? |
|
|
|
|
|
Nauts
|
Mar 30 2016, 09:24 AM
|
|
|
USD-MYR 3.9688 -0.0257
|
|
|
|
|
|
MGM
|
Mar 30 2016, 09:47 AM
|
|
|
QUOTE(Nauts @ Mar 30 2016, 09:24 AM) And this happens when oil price coming down. YTD foreign funds were net buyers at KLSE. For those who bought at 4.20 - 4.50 are u all cutting lost or hold? |
|
|
|
|
|
X.E.D
|
Mar 30 2016, 10:09 AM
|
|
|
QUOTE(MGM @ Mar 30 2016, 09:47 AM) And this happens when oil price coming down. YTD foreign funds were net buyers at KLSE. For those who bought at 4.20 - 4.50 are u all cutting lost or hold? As some might say... the silence is deafening. |
|
|
|
|
|
Nauts
|
Mar 30 2016, 10:13 AM
|
|
|
I converted a lot at 4.19, no choice since i TT a lot for my machines quoted in USD
|
|
|
|
|
|
Ramjade
|
Mar 30 2016, 10:18 AM
|
|
|
QUOTE(Nauts @ Mar 30 2016, 10:13 AM) I converted a lot at 4.19, no choice since i TT a lot for my machines quoted in USD How about changing now for future use? The rate now is good rate. |
|
|
|
|
|
MR_alien
|
Mar 30 2016, 10:21 AM
|
|
|
so what now? MYR worst currency in 2015 but best currency in 2016?  |
|
|
|
|
|
Ramjade
|
Mar 30 2016, 10:28 AM
|
|
|
QUOTE(MR_alien @ Mar 30 2016, 10:21 AM) so what now? MYR worst currency in 2015 but best currency in 2016? The year is still young. Despite me personally wanting the RM to go down, but realistically, RM have no strength to hold. It's a wonder they can increase so much against the USD. |
|
|
|
|
|
Nauts
|
Mar 30 2016, 10:32 AM
|
|
|
QUOTE(Ramjade @ Mar 30 2016, 10:18 AM) How about changing now for future use? The rate now is good rate. Convert bit by bit, very volatile now. Up down up down. |
|
|
|
|
|
dasecret
|
Mar 30 2016, 10:32 AM
|
|
|
QUOTE(MGM @ Mar 30 2016, 08:36 AM) Wa, this Eastspring Investments Small-Cap Fund is a top performer in long-term categories. Come join the fun! https://forum.lowyat.net/topic/3892713  |
|
|
|
|
Quote
0.0201sec
0.72
6 queries
GZIP Disabled