overseas holiday for 2017 October Italy trip is Invesment to get myself a wife. beats any portfolio or conversion lol

we are screwed aren't we? lucky I'm not travelling anytime soon. looks like I need to further tighten my spending this Q1 to Q2

there's always Chinese new year. I am thinking of converting some of my cash to yen when everyone is traveling

I'm also considering the factor that our elections is around the corner. whatever movement we do now will be for nought when there will be a temporary surge of Malaysian currency movement prior to the elections.

*optimists activated* if our forefathers (fathers) and some of us can survive the 1998 Malaysian bloodbath we can survive this. we'll my family didn't we were the unlucky few who declared ourselves backcrupt and had to run to Brunei. so if I can survive that I can survive another round. this time in preparation.

Donno why this is the only thread in lowyat that gives me the sense of dread when I read the posts here. Sigh. This kinda sucks and we all know there is no end to this downward turn of events. Not unless trump fucks up

diew na Seng. remember they said it will recover to 3.8?

KUALA LUMPUR: The ringgit will rebound to a fair value of 4.1 against the US dollar in the third quarter of the year, says Deputy Finance Minister I Datuk Othman Aziz.

He agreed with bankers' forecast that the rebound was based on improving commodity prices such as rubber and palm oil, and steady economic fundamentals.

At 1.11pm, the ringgit stood higher at 4.4840/4890 against the greenback, after opening at 4.4870/4900 at 9am, following improved oil prices which was expected to rake in higher revenue for the government.

http://www.klsescreener.com/v2/news/view/175819

where all the reserves come from?

that means they are spending at a rate of 2 billion to keep the currency afloat at its current level?I wonder how long will it take to "grow" back our reserves

same as how they are pulling imaginary returns for TH and EPF. their investments are classified eventho there's a report but nothing indicative of how they got the numbers.

exactly why I am pulling any funds I have from epf account 1 account and channel it to my unit trust and dividend paying stocks as much as I can. I rather want to be in the know where they got the returns, how they got the returns and when did they invest in MY MONEY but when you speak to people about ASB, TH and epf they get a little defensive as it touches around race and politics. that's dangerous.

MYR is expected to recover into Q2 to Q3 when the price of oil starts to stabilize with the elections coming in August to September will be the best time for our country to recover

Yeap I saw bro. I did some reflecting and i do not think it's necessary in my situation. congratulations tho brother

This post has been edited by Avangelice: Jan 7 2017, 06:10 PM

I do not agree with this blanket ruling as economies are heavily dependent on policies of the Goverment be it internal or external. this is not kopitiam, we do not like to be baby sat just because politics in Malaysia is a very touchy thing.

we remain objective. we keep our emotions in check. we talk facts. stay matured and I feel politics should be brought in.

my two cents

This post has been edited by Avangelice: Apr 4 2017, 07:22 PM

sorry to intrude what's NPL? been seeing it often

thank you now I realize the tongue in cheek comment when saying it's an industry that shines when shit hits the fan.

ditto on this. 1mdb is one reason we are at where we are now and if they don't service their loan within this week our currency will go down the drain.

that is an effect to an action but you are not letting us talk about why it happened so just close this topic. please bear in mind we are adults here not in kopitiam so treat us as one. if we cannot come to a sensible conclusion to this just keep the thread closed

se7en cherroy

This post has been edited by Avangelice: Aug 7 2017, 04:27 PM