Actually MYR/TWD was about 10 also years ago.

nah,I don't ! haha
i'm a damn small ikan bilis/student in KL. I can hardly have a proper portfolio in the Malaysian market.
Anyway, I really like how you interpret the market and I have been following your posts closely for all the insights. Too lazy to do my research now, just enjoy absorbing all the sifu's opinions. hahaha

EXACTLY. I wanted to TT out some cash when USD was around RM3.2x and I listened to those bullshit predictions saying MYR could climb to RM2.9
and now look at where i ended up.

So i come out with my conclusion which is despite all the fundamental facts, investor sentimental play rather important role. Investors look out for a safe haven to pump in money. So, I'm transferring out my cash to my SG account as well, piling up to buy funds. (faith in Msia gov too low)

Congrats, . But individual REITS of respective countries are hard to compare. Any ETFs for REITS?

right, individual reits vary a lot.

i was referring to the basket i have.

some not so good, some excellent.

sgx etf's for reits... not that i know of.

in general, etf's are unpopular in bursa or sgx.

but many biggies in nyse.

This post has been edited by AVFAN: Mar 30 2016, 07:20 PM

Today news, another two bite the dust:

http://business.asiaone.com/news/rough-pat...es-outlets-here

http://business.asiaone.com/news/al-futtai...re-stores-spore

I'll answer you first,... a good start there you have,... I presumed you are still studying,...

If you have an account with DBS, you can start to invest into the STI ETF. You just subscribe via the ATM,... no need to open a brokerage account, no need to have a CDP Account. Start somewhere, my young friend,... REad any news that you can about SG stocks.

A good source would be The Business Times, cost you $1.20 an edition. You don't have to buy everyday,...

OKay,... tq for the infos,... for myself, I'm quite happy though with my basket of SG REITs and Stocks. Happy with the performance, and happy with the currency gain over the last ten years of my investing era.

yeah, still studying.
i do have an account with DBS. damn, i didn't know that.
It looks like i can subscribe it over the internet. Let me look into the info and their product offering
HAHA

thanks for the tips sifu.

This post has been edited by @secret@: Mar 30 2016, 08:15 PM

I see, can be done too over the internet ?? Never tried before,... good discovery there if can be so. Would think that there are some rules about being required to be in Sgp itself to be eligible to buy the ETFs,...

If you are a Malaysian by nationality, I would advise you to try opening a brokerage account and a CDP Account as soon as you are able to, and you are qualified to,... somehow, I'm getting the idea that the Gov't and the MAS are tightening down on opening of accounts by foreign nationals in Sgp...

Good luck,.. bro,..

these are just small fries...i cant find the article but there are malls where basically the only shops open are owned by the mall, and some where the tenants are rent free and still making a loss.

i have a friend doing biz there...holding several mil usd worth of prop in sg...among them a penthouse which has declined in value by nearly 20% from when he purchased as at few months ago when i asked.

i also asked him to invest in malaysia prop or stock and expand his biz here at that month, as i predicted what goes down must come back up. he was understandably reluctant due to our bad reputation. he is regreting it very much at the moment because opening his biz here now suddenly is costing that much more as his sgd + usd investments are more and more bogged down.

At the current exchange rate Malaysia is a must buy for property assets.
Iskandar region itself would be bring in tens of billion per year from oversea, strengthening MYR?

http://www.chinapress.com.my/20160329/%E8%...8C%A2%E5%AD%98/

This post has been edited by MGM: Mar 31 2016, 08:07 AM


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Heading to 3.80x


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damn i had some extra usd that was changed at the 4.2 rate.. gonna rugi besar d... should i panic and exchange it now? what happened to the interest rate hikes!!

The year is still young. Just hold. It will go back to 4.3 A matter of time.

Lots of noises here:

http://www.bloomberg.com/news/articles/201...l-eclipses-1mdb

If you're targeting 4.3/4.4 then you're going to be holding for a while.

That rate was a combination of multiple events even discounting the sentiment surrounding Fed rates: commodities crash (and the unpredictability surrounding oil), 1MDB and troubled assets in limbo, a more volatile political situation, and a sudden drop in investor confidence because of the relative stability of MY markets hitherto.

Super bullish or typo:

A technical analyst said that the rally could be sustainable in the near term and expected the ringgit to reverse to its long-term mean trendline with an immediate target of 3.1600 to the US dollar.

from:
http://www.thestar.com.my/business/busines...ive-on-ringgit/

30 Mar 2016 04:20 UTC - 31 Mar 2016 04:26 UTC
USD/MYR close: 3.91930 low: 3.90615 high: 3.95355

well MYR reach 3.90 level sooner than I expected

Guys any idea about cimb travel currency? I see that their spread is not there? Eg USD/MYR buy and sell at 4.02.

I would be VERY happy at 3.5, not to mention 3.8 level. If 3.16, wow !! Lots of difference for those that need to buy big amount of USD ! Have to think of buying before any reversal happens !