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 Anyone know about foreign FD?

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nomen
post Sep 16 2010, 03:37 PM

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QUOTE(kucingfight @ Sep 16 2010, 02:58 PM)
interest paid doesn't matter to which currencies it refers to (AUD/myr). x% of RM/AUD is still the same. (assuming the buying & selling rate is the same)

No brainer to Foreign FD, enter low, sell high. that's all. matter of catching the right timing
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I am quite keen, when is the right timing, any idea sifu? Mind giving some tips.

nomen
post Sep 17 2010, 03:02 PM

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QUOTE(kucingfight @ Sep 16 2010, 09:05 PM)
there's no right timing..juz monitor it
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Thanks. I will.
bye.gif
nomen
post Sep 17 2010, 06:58 PM

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QUOTE(nokia2003 @ Sep 17 2010, 05:37 PM)
don't go for AUD now.

it is extremely overvalued at the moment.

i'm just waiting for AUD to reach in parity (or at least sufficiently close) with USD.

if does happen, it will not reflect well on MYR
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Ya thats what I thought too, we should all wait for now.


 

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