Damn it, you just killed my Monday.

As Showtime said, if your money is in malaysia, we are battling depreciation + inflation which makes our job harder. To make our lives easier, we can remove depreciation from the equation and fight only inflation.

Hi guys, re the long term and foreseeable continuing appreciation of SGD against MYR, how much of it is down to the different fiscal policy (not sure if it's the right word). I mean SG use currency ap-/de-preciation while we are using interest rate.

The trend is pretty obvious, so I'm thinking that to at least maintain my wealth, keeping what I dont need in SGD might be a good idea?

I'm learning my baby steps, and I dont have much wealth to be concerned with actually. It's more about knowledge that I ask actually.

Bro,.. everything takes time,... if everyone jumps together into the bandwagon, perhaps we will be the ones who are left behind then. Unker Dreamer can shout all he wanted, but the effect needs time to trickle down to us,...

On his personal side, I believed he lost quite some money to some parties in Msia,... that's why he was so sore abt Msia,... he forgot that at the end of the day, he was born in Msia, and this is something that none of us can choose the direction of. Msia would have done him good too in some way, well,... I never forgot that,... but that's me-lar,....

Wherever we are, we must learn to swim among the waves, and to make the best out of everything. For myself,... I don't deny that I made a lot of money too from the ignorance, the fear and the under-knowledge of many Malaysians. If Msians are like Aussies or Sinkies, perhaps not so easy to charge them so high,...

Then from whatever I made, I sent the funds out,... if the Msian Gov't is like the Chinese Gov't or the US Gov't, I don't think I would be able to move so freely, right ? So,... it's good too that our pegawai are,... er,,... slow,...

Look at the 'good side' of things always,... not only the bad side ! But have precautions against the bad side,... like if you don't trust that our authorities can do their enforcement jobs well enough, don't commit your funds here in Msia,... study hard, go invest outside.

Our kerajaan is NOT stopping you,... our current top man is very 'open',... if you don't move, and another top man comes along and he happens to be like the Chinese Gov't, then you only have yourself to blame.

I think,... Unker Dreamer missed many of my points in the above,... he was bitter,...

And,... do you all really think it's so good overseas ??  .......overseas has its own set of problems,... it's not heaven,... heaven is to those who have knowledge.

such "thoughts" have been given over the last 3 years from v1 to this v5 thread!

if u think the "fundamentals" are strong, i like to hear them.... which ones are strong?

strong enough to incr foreigner confidence to buy the RM?

then, list down the opposites, the weaknesses - the systematic methodologies for big money missing, wasted, must spend on certain quarters, must borrow, etc... are these going to stop any time soon?!

how is all that going to strengthen any currency?

never crossed yr mind that 4.4x now may be too strong?

perhaps 5.0 is more suitable, more RM to throw around for same purposes, actually better all round esp for the crooks to keep going?!

look at the history of some of the worst currencies in the world in recent times and how they developed over 10, 20, 30 years.

RM has been the worst currency in asia for the last 3 years - that is no temp joke but captures the realism of something very fundamental gone awfully wrong that will not be corrected so easily.

nothing to explain to you if u don't already understand it all.

How much foreign funds has flow back and compare with Indonesia?

Foreign investors, it said, purchased RM1.14 billion net in the open market (excluding off market deals) last week. And for the second week running, the amount exceeded RM1 billion.
Foreign liquidity flowing into the Bursa, it said in its fund flow report yesterday, remained elevated for the third week running.
Foreign investors have so far this year pumped close to RM6 billion into the local stock market, reversing the RM3 billion outflow last year.

Foreign buying of Malaysian equity on Bursa Malaysia last week narrowed to RM239.9 million, from RM645.3 million the prior week, according to MIDF Research.

MIDF Research said year to date, cumulative foreign purchases amounted to RM6.63 billion

a related matter.

inflation 5.1%... do you think it will get lower or even higher?!

Is this 5.1% realistic?

weak $.

if buy $ now, good chance.

things may change quickly.

hi all, just curious. where do you guys keep USD? is it foreign currency account in the banks? just wondering if can just walk in and open one (provided have the minimum deposit). thanks.

hmm ok, thats troubling. cause got a account overseas. but want to bring some back closer to home. i saw online on maybank can open foreign currency account. but dunno if its really as easy as they say it is. 

so if foreigner like us, we will need to either be employed in SG or find some other door in lah to get USD account?

So, here we go...

Back to how to open bank accounts in sinapaore.

Most popular subject in mutiple threads n sections.

Bro,... I don't think it's easy to open an account anymore. Before you are able to deposit in USD, you will have to open an account first ! How do you propose to do that easily ??

usd money changer now selling 4.375
why you rebels no puji kerajaan?

Do you think Dollar will keep depreciating ?

Come on guys, the currency's recovering, give it a break.

I think wait a bit longer,... RM will strengthen more in the coming days,...

 
my friend query wether money changer got available usd now.
1 other question , if say ppl wan save large(to me) amount like example 100k usd, where they chg it and how?
thanks

Enjoy while it last..

Won't be long before it becomes weak again

Whose "need" ? Your need might not be everybody's need. 

While we are talking, it goes down further.