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 USD/MYR v4

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Hansel
post Dec 7 2016, 05:54 AM

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Good morning all,...

MYR Strengthened as of now, before Asia goes full-swing :-

https://au.finance.yahoo.com/q/bc?s=MYR%3DX&t=1d

Interbank Rate !
Hansel
post Dec 7 2016, 09:17 AM

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QUOTE(xpmm @ Dec 7 2016, 08:21 AM)
YES! rclxms.gif
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Yes, bro,.. but there is one more hurdle. Maybank in Msia may still choose to use back yesterday's exchange rate if we wish to TT out funds. Then money-changers will follow suit in their notes exchange for us,... Hence, we may not be able to enjoy better forex too, because we are at the mercy of our 'exchangers' onshore.
Hansel
post Dec 7 2016, 09:22 AM

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QUOTE(prophetjul @ Dec 7 2016, 08:51 AM)
i have not waded in Aus REITS yet. A mile too far.

Howevre, i have started to look into mortgage REITs in US.
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QUOTE(elea88 @ Dec 7 2016, 09:00 AM)
QUOTE(prophetjul @ Dec 7 2016, 08:51 AM)

i have not waded in Aus REITS yet. A mile too far.
http://www.fraserslogisticstrust.com/

Pure-Play Australian Logistics and Industrial REIT listed in Singapore.
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QUOTE(prophetjul @ Dec 7 2016, 09:11 AM)
Pure-Play Australian Logistics and Industrial REIT listed in Singapore.
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Thanks
Would prefer to go into AUD based securities just to hedge a bit in the AUD since my children are over there. smile.gif
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Yes, investing via the recently-listed Frasers L&I Trust is a proxy,... however, if we are into, say the dividends of the AUD, we will be subjected to the company's exchange rate demand, ie,... Frasers will 'makan' pips from us. Because the basic denomination of the underlying mechanism is in the AUD. Frasers will 'hammer' us when they convert back into the SGD for us to collect the divvy,...

Err,... can we avoid this pips loss ?

Added : Especially since the SGD is such a strong currency, IF the SGD should appreciate against the AUD, then we will 'lose more',... this is the PROBLEM of investing in SG REITs. The SGD is strong, reducing the amount collected from overseas assets.

We must do our best to mitigate this forex risk when investing into SG REITs and SG yield stocks,...

This post has been edited by Hansel: Dec 7 2016, 09:26 AM
Hansel
post Dec 7 2016, 09:48 AM

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QUOTE(prophetjul @ Dec 7 2016, 09:30 AM)
Why not then invest directly into Aus REITS?
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YES, learn the procedures of the ATO and the ASIC and follow them carefully, open brokerage and savings accounts inside Aus, learn the the counters of the ASX, etc,...
Hansel
post Dec 7 2016, 10:02 AM

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QUOTE(prophetjul @ Dec 7 2016, 09:51 AM)
Unfortunately time does not allow me to venture into Aus securities yet.

Msia, Sg , U.S.....enough for now!  smile.gif
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If you have a residential address in any part of Aus, then you can start,.. the mkt is improving after years of being in the doldrums,... smile.gif AUD is getting stronger,...the world is changing after DT came onboard,...
Hansel
post Dec 7 2016, 10:16 AM

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QUOTE(prophetjul @ Dec 7 2016, 10:04 AM)
Maybe Aus will become the next Tiger in the Asean region!    smile.gif
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This is what I think,...
Hansel
post Dec 7 2016, 10:28 AM

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QUOTE(Showtime747 @ Dec 7 2016, 10:10 AM)
If we take 8 Nov, here are the numbers :

1 year :

KLCI 1672.00 / 1663.82 = -0.49%
STI 2876.03 / 2820.24 = -1.94%
DJI 17730.51 / 18332.74 = 3.40%

MYR/SGD 3.0031 / 3.0237
MYR/USD 4.215 / 4.2017

The returns in RM terms :

KLCI -0.49%
STI -1.27%
DJIA 3.07%
5 year :

KLCI 1460.13 / 1663.82 = 13.95%
STI 2694.60 / 2820.24 = 4.66%
DJIA 12184.26 / 18332.74 = 50.46%

MYR/SGD 2.4344 / 3.0237
MYR/USD 3.1475 / 4.2017

The returns in RM terms :

KLCI 13.95%
STI 30.00%
DJIA 100.86%
1. DJI climbed close to 1000 points since election. STI climbed close to 150 points. While KLCI dropped close to 20 poiints.

2. Agreed. The returns from dividend will be more in forex since RM lao sai in 2015
Conclusion : for the recent years, long term investment in STI and DJIA is better than KLCI mainly because of RM devaluation. Gains in KLCI is offset by the lost in RM value. KLCI is not a good hedge against inflation compare to investing overseas in forex dollars
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Still,... if we remove the effect by DT, we're still ahead in the STI and in the DJIA compared to the KLCI,... And when the DT effect kicks-in, aka when the wind blows, the KLCI and the RM topples over,... first and the most compared to others,.... sad.gif

We really need a lot of patriotism to stay hard inside this Kerajaan place,...
Hansel
post Dec 7 2016, 11:27 AM

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QUOTE(AVFAN @ Dec 7 2016, 10:43 AM)
aussie... may cut rates again!
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AUD crawled back up, bro,... just dropped for 1 hr or so only,...Yeah,... so many news,...if rates are cut further, more retirees will flock over to Aussie divvy shares and REITs,...
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