January would be the time it will go back up.

this is why I am not a supporter that the global economy depends on the US Goverment. when shit happens there, there's a blood bath all over.

Global economy does depends on the US. Why? Most trade depends on the USD. And that will be status quo for a long time.

When US rise rates, everybody cabut with money from EM to the US. When EM rise rates, how many people cabut money from US?

The day when global econony is not dependent on the US is the day when USD is not the main currency.

This post has been edited by Ramjade: Nov 5 2016, 11:37 AM

here's to RMB and the communist block of the East!

And then be in control by the tyrant china....just like they did to some asean members......asean grouping is doomed.....by the consensus agreement....1 member got controlled...the groupingcannot funtions independly.

Let's go back to "Hari Ini Dalam Sejarah"

Early this year, the whole market was down, no area was spared. US, Europe, Asia Pac, China, India = all down!

Remember the cause?

It was the Govt of China imposing the circuit-breaker ruling. This spooked the investors and all came tumbling down. Even the famous Brexit issue was nothing compared to that circuit-breaker fiasco.

It took almost half a year to see recovery and when it recovered in 2HYr 2016, it came back up with a vengeance. Such is the vagaries of the world.

I have a feeling, after the US election over is over, there will be a very short term extreme volatility, but things will settle very quickly. Trump or Clinton wins, they are not a alone.... do you think their financial backers will want their candidate to disrupt the good days / gravy train? if either got too out of line, I am sure their financial backers would want them to toe the line.

Xuzen

when have we ever gotten anything out of being friends with US and her lackies?

All they look out for their big Pharma, Patents, Copyrights and Unions. Signing the TPPA was the most retarded thing we ever done. look at Philippines, friends with US for the longest time but their infrastructure is like shit, previous Goverment rife with corruption and drugs.

They get a president that looks to the East and now they have a proposed plan for a rail lines to connect all their archipelagos.

I haven't begun talking about middle East and what the US did to them and Soros along with his lackies who are just the typical jew that looks out for themselves.

I worked with Americans before and they are the type of people who look down on other races and when shit happens they put the blame on everybody but themselves.

My mom works with RioTinto and when it went to shit all the Americans cabut and but the blame on Malaysians.

I remembered my sejarah lessons:

Back in the days of Sultan Parameswara, the founder of the Malaccan Sultanate, Malacca was a vassal state to the mighty Ming Dynasty. Siam (Thailand) too had to pay homage to the Ming Emperor. And many smaller vassal states around Indochina too.

Looks like History is repeating itself.

Xuzen

Have a read at this

http://www.bloomberg.com/graphics/2016-us-vs-china-economy/

http://money.cnn.com/2016/06/30/news/econo...by-other-means/

if China plays her cards right. we may be looking at her and RMB in the coming future. America has become too big and her people being dumbed down with Kim kardashian and Trump vs hillary. out of millions of them they manage to bring in these two clowns

You asked what did we get from being friends with US? One just need to look south and see Singapore. Best buddies with the US and gotten everything from the US.
(i) open market with acess to US market
(ii) latest gadgets (apple, etc)
(iii) latest medical tech from US
(iv) Online shopping from US (most US retailer recognise Singapore and not Malaysia - the irony)
(iv) Able to pay in SGD when doing online shopping instead of USD.
(v) Most US SEA branches companies are located in Singapore.

So there you go.

This post has been edited by Ramjade: Nov 5 2016, 12:07 PM

you are looking from a consumer point of view which is a fallacy itself.

Singapore is not doing too good atm. Shopping malls are closing down left and right and if you take away their bread and butter which is being the closest port for ships between East and West and with her neighbors being allies to China and she herself being buddy with us will be her downfall.

now the Lee family is very quiet after China started flexing her muscles at her a few months back

guys, affin hwang flexible maturity income fund 7 is newly launched. how is this one? can buy? 5 yrs payout target 5 to 5.5%. any other better alternative?

Since is not sold by FSM, you will kena charge 3% SC. Better go for Affin Hwang Select Bond (both also kena charge 3% SC) or you can pick RHB Islamic Bond.
For the 5-5.5% better choose LibraAsnita fund. 0% SC and more or less same returns.

Unless too much money must buy every new fund

This post has been edited by Ramjade: Nov 6 2016, 12:48 PM

Just switched all my KGF (purchased via cash) to Kenanga Bond fund. Later will park this into Asnita bond fund. Too heavy in KGF and also to diversify into Asia Ex Japan region.

why not just switch immediately to Anita

sell order t+3. buy order t+3.

then another round of sell and buy.

that's in total 9 days and we haven't counted the two weekends which is in total 11 days. that's 11 days of your money not doing anything aside moving up and down.

Regards.

I think he's trying to save switching fees?

No plans yet... keep in CMF for now

He's aiming for the credits to save sales charge I presume. Plus money is not doing nothing, any profit/loss in terms of NAV change still applies. It just isn't accessible..some of my funds are in such a float too.. meh!

I m not rushing and wan collect d credit point

Keep in RHB ATRF wise choice?

ATRF is very volatile for my liking as a fixed income fund. ended up switching it to Anita