Enlighten me

Well,... the USD will not help Petronas and Gomen if oil price stays at this level ! MYR will keep being devalued naturally when oil price stays low.

All leading to further weakness of economy and the Ringgit,...

Bro,... jmho,.. need to hold some strong foreign currencies then,... when the RM weakens, and we convert back for usage, we will have more RMs to spend. The more the RM weakens, the stronger our 'hedging currency',.... the more RM we get after converting back.

But not easy to open banking accounts in foreign banks anymore today,...

Bro Langstrasse,

We have discussed a lot abt the USD's future, bro,... emm,... I can't tell for sure what will happen to the USD in future, so I've decided to hold a few types of currencies to hedge my currency holdings. I must learn to earn these currencies with investments since I have no intention to work overseas. Then I must learn how to move the currencies around in the most economical way,.. as much as possible, though sometimes it's not possible,...

The hardest part is HOW TO EARN the different currencies.

Bro Wagyu,.. emm,... maybe no need to go so far away,... just open multi-currency accounts in SG is adequate. ....