QUOTE(vincabby @ Feb 7 2017, 11:13 AM)
to give a thought to that regarding FD, won't FD rates sky rocket when market crash? so would putting in FD while the market is lausai-ing be more worthwhile? don't shoot me. just a question.

FD is a short term parking place. For short term tactical reason is ok lar. If for long term as a wealth preserver, FD suxs big time!
QUOTE(wodenus @ Feb 7 2017, 11:14 AM)
Cool but people should stop saying that FD < inflation. FD is only < inflation is you aren't really smart.
I am not smart wor.....I want my latte and chinnoes every breakie, lunch & supper. I want it to be serve in fine china too. Not some cheapo polystyrene foam cup. I need to look good all the time!
QUOTE(Ramjade @ Feb 7 2017, 11:15 AM)
That's the fact. Look at your normal nasi lemak.
Only Mdm Kwan's MYR 21.90 nasi lemak for me. The rest of you peasants can eat the cheapo 70cts nasi lemak. I don't care!

Go eat cake!
QUOTE(wodenus @ Feb 7 2017, 11:17 AM)
That's why I said.. if you are smart, your nasi lemak is really cheap

really tired of people complaining FD < inflation when they mean FD < can't live like a king

I don't wanna live like a king... I wanna live like Jib Gor!
QUOTE(wankongyew @ Feb 7 2017, 11:25 AM)
It doesn't have to be binary, all this way or all that way. I have been in equities, either directly or indirectly through funds all this time. All I'm saying that the risk of global crisis seems more elevated than normal right now. Doesn't it make sense to divest some and hold more cash in anticipation? If we reach June and FN doesn't win the French elections, we can consider the risk to have fallen somewhat. If we reach the end of the year and Trump still hasn't put up his promised border taxes, we can consider the risk to be diminished even more. So I lose some equity gains for approximately a year and earn FD-equivalent interest instead. Is that so bad?
One year = short term ok lar. See my earlier response.
QUOTE(puchongite @ Feb 7 2017, 11:39 AM)
This is what I can say, you are not alone.
I remember a while ago there was a talk in here about some recommended portfolio in eUT, the more conservative one has upto 80% of allocation in Money Market fund.
I just went back to eUT to check the article but apparently it is deleted already.
he he he... they have seen the folly of their ways!
Xuzen
This post has been edited by xuzen: Feb 7 2017, 12:01 PM