cny... don't think so.

add mgs low yield 3.86%.

perfect weather, 4.16x.

the thing to watch now is oil - opec/russia production cut talks in the offing.



question now is what do u do with yr rm or usd?

buying oil/energy stocks and etf's in usd can be a good "hedge".

Time to convert some MYR into USD & SGD? or wait for even better rate?

hopefully it gets to USD1 = RM3.80 .... need to travel overseas.

bijanomics on the work again

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

Bought in 2 tranches this week.
Tempted to go in again today @ 4.14
..or ...maybe DCI at 4??

28 Jan 2016 05:00 UTC - 29 Jan 2016 05:04 UTC
USD/MYR close:4.15069 low:4.13994 high:4.22387

Money changer at my place put the rate as USD1-RM4.24

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

Midvalley's rate!

The selling back to them rate is 4.1. Was thinking of buying at 4.1x and sell to them back at 4.3-4.4. But if USD does increase back to 4.3-4.4 again, no profit as the money changer rates will be 4.2-4.3. I aim for minimal differences of 0.2 for profit.

http://www.boj.or.jp/en/announcements/rele...16/k160129a.pdf

Introduction of "Quantitative and Qualitative Monetary Easing
with a Negative Interest Rate"

japan cut interest rate today and and qqe, really affect so much thing include ringgit

https://en.wikipedia.org/wiki/Economy_of_Malaysia

since malaysia economy really depend so much on japan too.

https://en.wikipedia.org/wiki/Economy_of_Australia

now we just need hope china will recovery asap. once china recovery, global follow then usd myr will going bearish back to 4.0 below hehe.

You want to pwnd the old unker ka? Kah kah kah.

28 Jan 2016 08:30 UTC - 29 Jan 2016 08:30 UTC
USD/MYR close:4.14246 low:4.11632 high:4.20800

Wanted to change to MYR, just a week and rugi a lot if change now

This post has been edited by vgodmax: Jan 29 2016, 05:02 PM

Great movement from 4.2995 on 22/1 to 4.155 today
Could break 4.10 by next week...

I just change to sgd last week.. Very sad now.

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"