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 USD/MYR and SGD/MYR

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nexona88
post Aug 3 2024, 08:09 AM

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QUOTE(mashqi @ Aug 3 2024, 12:44 AM)
Rather than a one big fancy thing that the gov did for economy, it is more of the accumulation of what have been done and is being done. So basically, our previous currency is undervalued by the US interest rate, so when the interest rate starts to shake, market is going to start to correct themselves and MYR is going to strengthen.
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Someone mentioned about UST vs MGS 10y which almost similar yield...

Foreigner buying them up that too...

This inflow into MYR...
nexona88
post Aug 5 2024, 09:46 AM

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QUOTE(TongCN @ Aug 5 2024, 09:10 AM)
4.43 now , walao-eh ...
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Probably this week

We could be looking at 4.40 or even 4.35 🤔
nexona88
post Aug 5 2024, 11:16 AM

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QUOTE(TongCN @ Aug 5 2024, 10:00 AM)
Biao le, not even FED cut  sweat.gif
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After cut...

Even stronger MYR 💪🔥💰🥳
nexona88
post Aug 5 2024, 11:17 AM

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QUOTE(boyboycute @ Aug 5 2024, 11:01 AM)
Unker just wanna share very important message to those who like to TT to Singapork

When Unker started to roam the Unker, young fella probably still breast feeding.

If only young fella listen to Unker last month, they won't be sitting in losses today.

Now they lost the EPF dividend plus FX losses...Kesian

https://forum.lowyat.net/index.php?showtopi...ost&p=109741680
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Clicked the link...

Nothing

Went to lowyat forum main page only...

Topic gotten deleted 😭

Just tell in simplify form...
What unker says @ advise

This post has been edited by nexona88: Aug 5 2024, 11:18 AM
nexona88
post Aug 5 2024, 02:13 PM

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Huh?
What happened

boyboycute gotten SUS"ed

No post related to politics or personal attack also....

Only share experience with all of us...
nexona88
post Aug 5 2024, 02:16 PM

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QUOTE(ericlaiys @ Aug 5 2024, 12:18 PM)
already 4.40 just now. by this month should back to 4?
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Back to 4.41

Anyway

Quite surprised with the performance

So this week 4.35 in hand???
nexona88
post Aug 5 2024, 05:54 PM

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QUOTE(coolguy_0925 @ Aug 5 2024, 03:12 PM)
Yawoh so fast reaching 4.4

Next week who knows can see 4.2 :grin:
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Possible for happen 😀

Let's see how long this "rally"
nexona88
post Aug 9 2024, 05:14 PM

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Still not enough...

Need to be around 4.20 first...

Long way to go. I think 🤔


nexona88
post Aug 10 2024, 08:03 AM

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QUOTE(coolguy_0925 @ Aug 9 2024, 10:31 PM)
Just now passed by money changer

Buy/Sell

4.4/4.47

If reached 4.2 then what's next? 4.0? 3.8? :grin:
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Money changer price still high side...

Heard they don't want to reduce the price...

Already making losses because holding cost higher when they bought previously....
nexona88
post Aug 10 2024, 11:47 AM

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QUOTE(Cubalagi @ Aug 10 2024, 08:57 AM)
Is 4.20 your target price? 🤔
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If reach that level...

Then I could go big...

For now... It's DCA route first 😁
nexona88
post Aug 17 2024, 08:16 AM

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QUOTE(CommodoreAmiga @ Aug 16 2024, 10:17 PM)
Buy from WISE and MoneyMatch....lol. When RM dropping, made a bundle diam-diam. When RM naik, lose a bit, cry father mother.
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Yeah... These good option

But one main reason some still uses money changer is for their "special services".... On transferring money out... Their fee is higher percentage but worthy for certain high risk individuals... If you know what I mean.... 😁
nexona88
post Aug 19 2024, 11:51 AM

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I'm waiting for the moment

Go Go Go MYR become stronger

Don't need 4.00.... even 4.10 I'm willing to transfer 💪
nexona88
post Aug 19 2024, 12:13 PM

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QUOTE(Cubalagi @ Aug 19 2024, 12:09 PM)
4.10..that day u say 4.20?

N i tot u DCA?

Me..i last buy USD at 4.51. Now waiting for 4.35. Average down.
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DCA still going on but small amount ony

I need lowest possible to average down....

Thus I feels 4.10 is sweet point...

If indeed can hit 4, then it's even better.... Not hoping high on that level...
nexona88
post Aug 19 2024, 02:10 PM

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QUOTE(Ckmwpy0370 @ Aug 19 2024, 01:52 PM)
what are the main reasons behind RM getting stronger?
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Influx of foreign $$$ into MGS mainly...

US Treasury bonds yield vs MGS is not much different...
nexona88
post Aug 22 2024, 05:13 PM

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QUOTE(poooky @ Aug 22 2024, 04:44 PM)
KWSP is also going in the same direction. Soon achieve 80% pumped into Bursa. Bag holders got liquidity now, can slowly cash out.
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80%????

Since when 🤔

I thought big boss says 70% in local exposure....
Which I think mixture of Equities, MGS, Properties & Others???
nexona88
post Aug 22 2024, 07:49 PM

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QUOTE(poooky @ Aug 22 2024, 06:42 PM)
https://www.bernama.com/en/news.php?id=2328621

user posted image

We are steadily working towards that direction.
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Ooohh

This one...

Correct

It's for new investment...

Was thinking about the overall percentage which target 70%
nexona88
post Aug 28 2024, 08:53 PM

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QUOTE(TOS @ Aug 28 2024, 07:57 PM)
lol BNM wants local insurance companies to offer more "solutions" to support the Ringgit.

https://www.sinchew.com.my/news/20240828/nation/5877206

Cheng hu wants to issue more debt and ask you the insured help fund the budget deficit... as the reitrees withdraw cash out of Acc 3, less demand for MGS and GII...
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From GLC & GLIC...

Now it's moved to insurance companies operating in Malaysia....



This post has been edited by nexona88: Aug 28 2024, 08:54 PM
nexona88
post Aug 30 2024, 10:24 AM

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QUOTE(batman1172 @ Aug 30 2024, 09:27 AM)
I live on rental income in sgd and dividends in USD. Haiz.  Now usd 4.3  sgd 3.3
All epf fault. Only allow max 100k.
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Dump into ASM first boss... Got ASM 1 & 3 available now...
Can dump as much you want...
200mil won't be finishing anytime soon

Then slowly move to EPF yearly 👌
nexona88
post Sep 1 2024, 11:55 PM

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QUOTE(jasontoh @ Sep 1 2024, 11:50 PM)
Whose 200m?
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ASNB "silently" release ASM units for new subscription...

So those want to "diversify" into "safe investment" from USD / SGD... Can do so now 😎

But I doubt anyone would....

USD / SGD is "first class" currencies around 💪
nexona88
post Sep 11 2024, 09:00 PM

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Deleted - wrong topic

This post has been edited by nexona88: Sep 11 2024, 09:02 PM

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