something to watch in the morning:

You have either misunderstood the topic, or just finding excuse to sit tight with your RM 

strength of banking system is a basis for a stable currency but it does not "guarantee" a strong one.

rm has lost a lot more than the baht or even rupiah

well, imagine what would have happened if the banks are in bad shape!
as for price increases, watch post CNY - some price increases will be shocking.

i cant expect for 6.5% changes in year.. haha. so u mean better put at fd is it? but fd must be keep for >1yr right?

Bro,... the evening-out will be in the following forms :-

1) MYR depreciating by >= 2.5%.

2) Inflation increasing by >= 2.5%.

3) GST increasing by >= 2.5%.

If, at the very least, any of the above three exceeds the 2.5% quantum, there goes our MYR investment in the ASX. So, do you think any of nos 1), 2) or 3) above will exceed 2.5% this year ? Or will drop below ?

Furthermore, the compliance issue between the SC and PNB remains a worry,.....unless, you have that thing called : trust the Gov't. Well,......I don't, and I believe I have better choices out there besides the PNB FP funds.

Reply for your first para : you said it,... and I don't think it will be 6.4% anymore this year. Very likely, around 6.0 to 6.2 % only if we are lucky.

Reply for your second para : if you continue putting inside the ASX, then you are continuing to trust them. Why ? Because we can see very clearly now that they are not following what they committed in their Master Prospectus (MP), and they are doing as and how they like it. This is not right. Track record ? Come on,... first of all, I do not recall the time previously when they had to reveal the true price of a fund as according to those two MFRS rulings. Never,.. this event has never taken place before, so what track record are you talking about ?

Then you talk about the demand being always there,.... always sold out,... you know why ?? It's because we Malaysians are NOT aware of those statements in the MP. Secondly, for those who are aware, many do not know where else to put their money for supposedly 'safe' returns. That's why,....... many of us Msians are still going after these funds. So what do they do ?? Just trust the Gov't and hope for the best-lar,... what else can they do ???

It all goes back to the point of : trust the Gov't. Not trusting transparency, not trusting that rules and governance are in place to protect investors, but : just trust the Gov't. Like what you are doing now.

Reply for you third para : I wouldn't speculate too much if I am not able to gove a timeline of when will something happen. However, look at historicals, here we can look at historicals. Has the USD appreciated against the MYR throughout the years ? Has the SGD appreciated against the MYR throughout the years ?

What are the fundamentals that will support the MYR in the long run ???? Strengths in the MYR ?? Sure,. just a very short period, then it wil turn around again and weaken,...

Finally, for me,... I have no intention to trust the Gov't just to earn a return that will be wiped out by the three factors which I have mentioned in my previous posting. You said it : judging by the way the value of our MYR is going, even earning 10% against our MYR is debatable.

Don't look at money in its absoluteness,... that is wrong mathematically, as well as practically,... we have to look at money in terms of the value that it brings.

Well,.. nobody will notice since we don't do it all the time. Went with friends, after changing from one money-changer, brought to the car, drove off to the safe dep box company, and repeated this cycle until all changed. Ladies are even more unnoticeable. 

Again, bring in batches and with friends.

Wrong, bro,... savings in exchange rates always outweighs transport charges for such sums. And I always have somewhere to go, or something to do, or someone to visit when I am there. It;s like going home for me,... so, no issues there.

If Custom found out, money confiscated...
Penny wise, pound foolish? 

this is new...

what about local banks?

what impact eventually on the RM?

Hong Kong Dollar Headed for Biggest Weekly Decline Since 2003
http://www.bloomberg.com/news/articles/201...line-since-2003

HKD (aka strong like steel) can't hold on any longer

Reply my question with a question again 

I have already said a few times here in this thread. Buy when it drops to ~4.20 for short term (1-3 months). For long term (1-3 years), convert your RM to forex whenever you have the money at the best window. The simple reason being I have no confidence in malaysian economy and the politics

See, I have just reiterated my prediction with quantum and timeline. I am not afraid to be wrong.

Being wrong is part of life. A successful person makes right decision because he is not afraid to be wrong. On the other hand, a failed person is afraid to be wrong and hence on many occasion makes the wrong decision. 

So, what is your prediction ? Are you going to answer me with a question again ? 

BBB !

http://www.moneymaster.com.my/

Midvalley's rate!

Bro Showtime,... someting just occured to me this evening. Referring to part of Unker's statement earlier,... he said that holding on to the RM would erode purchasing power. If, say,.. even if the RM manages to strengthen, will purchasing power come back ??... Meaning, will the stronger RM vs the USD be able to buyback the same amount of goods that it used to command earlier ?

this will be the case.

even if rm move back to 4.0, the local purchasing power damage is done.

petrol price been coming down. do we hear biz people lowering prices?
at the base, there has been a stagnant income or income trap problem for years.

add gst, toll hikes, weak rm, etc., the pressure for price inflation has been high and will stay high.

biz people will seize any opportunity to make more profits; taxman will keep trying to get more tax.

low income groups and retirees will bear the brunt for a long time.