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 👌

Look at the one-mth chart for GBPSGD & AUDSGD. The SGD has weakened vs both,... and would be a positive effect moving forward for many REITs which have assets in The UK and in Australia, paying out dpu in SGD.

No dividends in SGD ?

Nope. Only rent. 😰

Ok,...Appreciated yuor reply.

MYR's appreciation against SGD means you lose a few bowls of wantan mee to enjoy at JB

https://johor.sinchew.com.my/news/20240901/...7251999808bbd2b

Whose 200m?

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 💪

Earn SGD, spend MYR... hmm...

https://www.sinchew.com.my/news/20240905/finance/5895974

Pity to see someone kept on fighting the market

First class?

Ringgit kept on getting stronger than "first class" currencies

his timeframe different from yours

Sometimes, people overestimate themselves to predict the long term results. Unker will stick to 5% dividend from EPF every year.

Unker don't have crystal ball. No one can predict the future anyway..

Who me? Think long term. 10-20y down the road, where will RM be? People told me 4.2 is expensive to convert USD and 3.0 is expensive to convert SGD. I just continue to convert.

Also my payout all increasing automatically every year by minimally 15% without me needing to inject new cash.

As long as you know you are losing future purchasing power to inflation and depreciation of ringgit and you are ok with that, then go ahead. For me, I am not ok.

I cannot see my hard earn money depreciate with time. I need to do something to protect it.

Also I aim to touch my money say around 47-50 years old. I am not going to wait until 55 years old to use my EPF.

This post has been edited by Ramjade: Sep 6 2024, 03:46 PM

6/9

USD - MYR at 4.32
SGD - MYR at 3.33

almost unchanged @ stabilized

Stablised

Aug 30 seem to be peak/bottom.

This post has been edited by Cubalagi: Sep 6 2024, 05:29 PM

Over the years, Unker have seen many amateurs investors fight the market and continue to average down to reduce cost basis. Their reasoning is always "I invest for long term". Unker pity them. They're stuck with their own reasoning. Similar to those who chased sky high property prices years ago

Unker have been through probably 3 recession and have seen many invincible assets go to dirt prices. Unker think you also DCA into S&P500 religiously.

One day, when your portfolio is decimated, you can PM to learn from Unker. Unker can't help all your followers. Bookmark this post. You'll need it one day. Unker pray for you and your hard earned money.

This post has been edited by boyboycute: Sep 8 2024, 10:55 AM

not taking sides... as I always believe in diversification.

but the first part of the sentence of your last para... implies malaysia will be performing so so so well that in order for someone's portfolio, which is heavily invested in non-ringgit assets, to be decimated, it would need ringgit to appreciate by 1000% vs all major currencies in the world. Essentially Malaysia will be a major financial superhouse....
Can Unker boyboy share how that can happen? I do like to see a difference of option in investment view.

If you buy subpar companies and average down, that's a stupid move.

If you buy high quality companies with no debts and gross profit margin of money 40% for past 3 and 5 years and increasing dividend payout at 15%p.a, cannot go wrong I don't do S&P500 but I walk the the talk and not just NATO. I buy companies with the above criteria regardless where they are.

I learnt from not one teachers and one of them is buffet. He said don't against the American economy and the S&P500. He is right.

I will come back after 10 years and see who is right.

dont think we need 10 years to see this play out..

it will happen less than 5 years