US market stagnant + if you'd started after May 2020, MYR continuously strengthen against USD so it flattened out any gains in USD. Remember that StashAway carries some forex risk so if MYR gets stronger, gains might end up lesser.

Yeah man, lets hope for USDMYR 6.942

kinda have mixed feelings on your statement haha

If you have mixed feeling, that means you have hedged your currency risk well.

At that rate Malaysia is the new Zimbabwe hyperstagflation

Next week gonna test RM4.17 again and down to RM4.22 soon

i think you are just joking, there is no real benefit for malaysians in the long run for a continuously weakening currency....as long as you and your children plan to live in Malaysia....

It benefits exporters, boost circulating MYR to feed more people, and increase tax revenue.

But if you earn fixed MYR and keep buying imported goods, yea its no good.

Did Malaysia become Zimbabwe when USD 1 = RM 4.5?

yeah, as i know of, there was no country that became rich (or advanced), when their currency crashed. In a way, you have to be in a 100% locally generated export based business to benefit. Logging maybe? The last time we had MR4.8 to 1 USD some wood based or mining based business may have benefited but I think we all suffered in total.

Its a fair question to be honest if you are serious but thats my un studied opinion.

This time it will easily thanks useless greedy PM8 as long as he in power

unfortunately Malaysia isn't great at exports 😂 except in oil and latex, arguably

not only that, oil and latex has a dependency on imports also, which is part of their costs. So what happens is cost will grow in some way.

thus, maybe - to avoid "being a Venezuelan" being held hostage by "Venezuela's Gov & economy", have a large portion of investments outside Venezuela's economy & Gov impact lor.
ie. those working/biz in Venezuela - they're the "working capital" already deployed in own country, why risk more capital in the same place where the economy is not as diverse as say US or EU and up coming CHN, ignoring the management of the country

from reading - those Venezuelan's with biz/investments outside making USD and other currencies - life was still relatively ok/good even with the general population going oof.

thinking out loud ya - no absolute rights/wrongs, just wong

This post has been edited by wongmunkeong: Jun 21 2021, 06:18 PM

indeed.. really not much movements.. last week i still see RM200+ positive node.. now it's -RM51.. alamak.. haha but like some others said.. gonna have it place down there to balance up my investment portfolio.

wow, can drop from RM200+ to now - RM51,...that is a very huge % of variant is a week
unless the invested money is a bit more than what i had in mind

This post has been edited by MUM: Jun 21 2021, 06:26 PM

This drop is across entire markets, not just StashAway 😂 RM200+ to -RM51 is a very tiny movement relative to current drop with gold sell-off and inflation fears + investors reacting to potential Fed Reserve policy changes.

jfyi, my 36% dropped abt 2.39% from last week

his port has abt 10K?

This post has been edited by yklooi: Jun 21 2021, 06:35 PM

Only 3% loss is nothing try buying direct ETFs then you know the meaning volatility

so will be the potential gain when compared to SA

Of coz better than SA because SA is defensive growth strategy