The first d-day to see the dividend rate for the Msian funds will be around end-March this year, when ASM's rate is announced. Then we will have an indicator of the rate of the other Msian funds.

NO need lar,... with the depreciating Ringgit, these investments are no more attractive. Perhaps in the early years when RM was holding its value,... yeah,... today, the financially-successful Bumis want to hold foreign currencies - in cash form if they can't bank-in anywhere. Of course, there will be those who will buy properties, land, etc,... but many said they preferred to buy something outside of Msia.

Those who managed to open accounts overseas, will bank foreign currency cash into their overseas accounts.

The prb is we can't limit ourselves only to the local mkt anymore. Why,... because the value of our currency is actually tied to the international mkt..

AND : even if ASNB can go into foreign mkts, it does not make any difference if the returns stay as it is. The returns must run a whole lot faster than the rate at which the RM depreciates in order to make it worthy to invest into the PNB.

This post has been edited by Hansel: Jan 18 2017, 05:38 AM

It is not greed that causes Msians to convert out. It is protection of purchasing power. Msians have to protect their purchasing power, because the Gov't does not do this for them anymore. The Gov't is not too keen to do this for the people, because the prbs are too big to fight,.. only in a change of administration will there be a chance to turn the Ringgit around. And no one is willing to do this.

The only thing the Gov't can do is to give meagre handouts like BR1M to 'HOLD ON TO POWER', and to advise peoplt o work more, to eat cheap food with low standard of quality.

However,.... this tactic seems to be working with the masses,... don't worry,... I don't think the masses is changing their RM out. Only a small percentage of the population would.

WE have to look after ourselves because the Gov't is not able to take care of us sufficiently,... all they can do is to advise us and to give our BR1M. I'm afraid this will not help us in our quality of life i the long run !

If the masses "continue to be happy", there will be no riot ! IF, somehow, the masses open their eyes, then there will be mass riots, and the borders will be closed !!

You bought from me this afternoon.

You overestimated me, bro,...

The above conversation cheered me up after a hard day,...

Tq bros,... Is LNYC a lady ???

He did not explain to you why is the 1 Million units not able to be made larger, perhaps to 2 Million units,... so that more people can buy,...

Sure,.. honey,...