Your TP both short and long term ?

You answer my question with a question

I just wanted to listen to what you see the RM will be in 1-3 months and 1-3 years after reading your opinion on "the trend". If you don't feel like making a prediction, just say "I don't predict with specific concrete quantum and timeline. Please leave me alone." It's perfectly alright with me.

Then I will treat you like unker dreamer who never made concrete prediction with quantum and timeline....until recently, which we found that he was wrong

Even unker dreamer has the guts and balls to make a concrete prediction with quantum and timeline. Although he was wrong, but at least he predicted like a man.

But we lost dreamer101. I wonder if he is busy or too embarrassed to be wrong ? What a pity if it is the latter

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 ?

1. stock market / bond / overseas properties / bank structured products / cash for my business operation
2. Banks (usually through DCI where I can convert at spot rate)

Ok. I take it you don't dare to put a number and timeframe to what you said. Nothing wrong with that, bro

While elsewhere, in China, analyst thought otherwise



http://www.bloomberg.com/news/articles/201...id-policy-shift


Conclusion : Analysts work backward. Their job is to tie the result back to the cause. And they conveniently pick and choose the most palatable cause of the day. Take their comment with a pinch of salt

BBB !

Buy in batches, bro. I know I am won't be able to buy at the lowest

Nobody can answer your question

Depends on your personal view on the RM in short or long term

Bro, you have split personality ? In tabung haji thread, you said this :



Anyway, different person got different strategy. Do what you think is right

Ok, bro....

P/s my "ok" is also in a general sense, not in absoluteness as in "ok"....

Just joking bro

27 Jan 2016 07:40 UTC - 28 Jan 2016 07:47 UTC
USD/MYR close:4.20167 low:4.20082 high:4.26605

27 Jan 2016 07:40 UTC - 28 Jan 2016 07:48 UTC
SGD/MYR close:2.94548 low:2.94448 high:2.98190

27 Jan 2016 07:45 UTC - 28 Jan 2016 07:48 UTC
AUD/MYR close:2.96917 low:2.96380 high:3.00619

27 Jan 2016 07:45 UTC - 28 Jan 2016 07:49 UTC
GBP/MYR close:5.99054 low:5.98991 high:6.09024


RM skyrocketed when oil price ~$30, RM2.6b case still being covered, Budget 2016 has to be revised ?

dreamer101

Shall I declare that the ASx guys are not "stupid" after all ?

RM not only did not depreciate to 4.70/4.80, it defied gravity and appreciated back to 4.20 today !

I will delete my signature tomorrow as we have the clear verdict !

Unless he still want to extend the deadline to Feb or until TPPA is signed

The window is here. BBB !

Don't buy in 1 short. Split it to a few tranches. Just the same like share market. Because you are never going to buy at the bottom and sell at the top

No lah. Never have intention to pwnd anyone. Just that I feel setting a timeframe and quantum for any prediction/forecast will be more meaningful. Otherwise, there is no end to any discussion. We keep on tok kok only...

I learned this from the property bubble thread which never end despite dragging for 4-5 years. Its like a ghost movie which the ghost never appear. And the producer keep asking you to continue wait in the theater until the ghost appear

As proven in unker dreamer's case, it is a better way to decide who is "the stupid one"

So far, the prices of goods which showed marked increases are imported stuff. Imported food like canned food, fruits etc have increased tremendously. Gadget like computer/Iphone also badly affected. But if RM is back to 3.30, I think the market forces will bring the prices back down, although it may take time

As for local stuff with local ingredient and content, I think the rise is not so much. For food like wan tan mee and nasi lemak, I can see the price rise when GST is implemented in April. But when RM depreciated to 4.40 from June, price of those local stuff still largely remained the same

Just my personal observation...

Good mah...at least you converted some.

You will never convert at the lowest and sell at the highest one.

Those who say they converted at the lowest and sell at the highest must be God

He is from another planet