Kind of make my heart pumping .................

Should I buy at current level of 3.99 rate ? Will I regret if it goes up later on. Have been buying at 3.96 and as high as 4.45 level !

This post has been edited by bbgoat: Mar 22 2016, 06:36 PM

Go to 3.80 level ? Really surprised with this movement to <4 !!

Remember it was about 3.0 3 years ago.

Now I see RM going back to near early Aug 2015 level, that time that I bought USD. Very tempting to me now. Whether to buy now or wait till coming August ? Guess will be hard to say which way to go.

This post has been edited by bbgoat: Mar 30 2016, 03:33 PM

Last year Aug I bought TT at 3.96 level at 3 cents premium.

Different analyst quoting differently. Some still say by year end 4.2 level. Some quote 3.5, 3.8. To me, not sure if should buy now or wait till Aug ?

Haha, why ? You go there often ? Near to Penang. Just a joke. Anyway, almost 10% down for RM vs THB.

Ya, I am contemplating as Jan 2016 even bought at RM4.45 level !! So now at the RM3.96 level is so tempting !

Actually MYR/TWD was about 10 also years ago.

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 !

I do think so. Saw from some where saying RM true value at 3.5. But the so called analyst has wild fluctuations. One even say will go to 4.2 level just few days ago. Anyway between 3.5 to 3.8, I can live with it.

Typically they are fast to raise price but slow to reduce it after exchange rate comes down. Anyway RM wise really has to see if it stabilize to certain level.

Will be interesting to see how car prices will change. They raised it saying RM drops vs USD, if RM goes up in value, how will that be.

Ya, I meant new cars.

Hahaha !

For 4 years, can be USD 200k or more ! Depends on U and location also. Anyway, a lot of saving for parents.

My concern is by Aug will it stabilize or retreat. That is when I need the USD. Have even bought USD 26k at 4.45 in January !

This post has been edited by bbgoat: Mar 31 2016, 06:21 PM

Not able to control the timing as it is needed at THAT time. Watched for about a week and have to buy it on that day and TT out. At that time, rumours about RM breaching 5 level !!

Have to bite the bullet and count as cost of education !

Very hard for a layman to gauge the market. Even if I buy now and keep, will it be coming down further ? Very hard to say.

Remember in fx there are BIG timers who also lose out BIG time !! For a small timer, difficult to time the market.

That was the consolation point !

This post has been edited by bbgoat: Mar 31 2016, 07:05 PM

For the education purpose, have to bite the bullet when the time comes. It was tough but at that time, you never know which way it will go. Last Aug I bought at 3.96. One week later, it went up and up. I was happy thinking I was lucky. BUT before that it was 3.6, 3.7, 3.8 .................

Anyway, difficult to time the market. Even now, should I buy and keep ? Has been thinking of doing DCA. But dislike the complication involved. So just sit tight and when the time comes, just TT over.

Cash or into banks foreign currency account ?

http://www.xe.com/currencycharts/?from=USD&to=MYR&view=12h

Holding USD cash ! So u are expecting better return than at least FD ?