BNM is tool less already 🤦‍♀️ trying intervene the market with reserves been drain now and they only left the tool OPR which will be stagnant for awhile RM will be head to 4 and 5 territory soon with SGD and USD anytime

By when 🤦‍♀️ 4.20 it is a tough bar to climb already

From 2.5 to 3.30 already take more than a decade

now... BNM keeps saying RM is undervalued.

is it possible that it is actually overvalued now?!

i mean the huge subsidies been helping, no?

if that is gone, like u said, no need economists to tell u what's gonna happen!

or... the market has already partially factored in the "subsidy removed" scenario, hence the decline in last few months?

so, can we guess the result when the whole subsidy removal thingy is done?

or they might U-turn and keep the subsidies going, "kick the can down the road", as they say?
pegging is not the answer. it will be costly and might lead to a total collapse in the end:
https://www.freemalaysiatoday.com/category/...rotect-ringgit/

Yes....
And whole if SEA too...

If Trump wins.....

USD become even weaker.... And others major currencies too....

take heart... at least your portfolio is well diversified and not all your wealth is stuck in malaysia... 

May I know how you moved your usd? via rm30k each fintech or you have other ways to send high digits at low rates?

Well...

Just keep long term...

At least you got foreign exposure 👌

most likely this

dang... ur exposure and mine is almost the same... mine is 45:55 currently with my ultimate end being your ratio...

is this a case of great minds think alike? 

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

Come let me throw some cold water. It's very easy to outperform the EPF. Just buy s&p500 or qqq. 30 years dow the road you will get double or what EPF can give. Problem is most people don't want to wait 30 years. Conservatively 7%p.a for 30 years. Less conservative, would be 10%p.a for 30 years.

lol... which smart alec will just keep whatever converted in non interest bearing anything...  only super old people will do that I think... like keeping money in some tin can.

oo oo... in 1980s, lets convert 400K ringgit to GBP 100K and leave it there... then claim EPF dividend will surpass any FX gain? haha. (my bad... i just could not resist this example after your statement above).

makes no sense... comparing a passive investment scheme like EPF to handicapped long term FX holding position without even doing proper deployment of funds. just makes no sense to leave the funds there not invested.

I’m getting between 4.8-5% risk free (but not tax free) on my AUD FD - ongoing for the past few years. The gravy train will end next year, but then I’ll just have to look for other interest bearing options to grow my holdings.

Thank you @gashout for getting Unker's point here. Unker look at return per unit of risk. When someone transfer to UK or SG, he is unlikely to park it in FD only. His choice would be corporate bond or the stock market. Both entails higher risk than EPF. While EPF may face inflation and Gov policy risk, it has very little cost and fees.

Kungfu here and there incurred charges, fees and costs. Not forgetting more white hair. BTW, Unker no longer have hair anymore. If u invest wrongly, you can kiss goodbye to your money.

Over 30 years, while you Kungfu here, Tai chi there, doing split, Karate punch, Boxing hook etc....Unker sitting in Kopitiam kacau kopi and eat Char Kiuh Tiow, playing with grand children and blow water with neighbors.
Then, by miracle, EPF's power of compounding surpassed your portfolio by a mile.

Rule No 1 is Don't lose money.
Rule No 2 is Compound Consistently.

Both rules are very hard to achieve by individual investors, unless you're the next Warren B.

Nice..quite close to mine.

At my planned retirement, just a few years from now, Im looking at about 50% EPF and 50% other financial assets (mix bonds, equities, gold and currencies). Still rough approximate depending on how the market will look like, any major career progress and spending pattern. (But nowadays Im more Yolo and not saving aggressively).

25bp only one. Won't have the balls to go 50.

off topic too much already

down she goes as anticipated... will myr continues to strengthen?... no idea but probably...



if trading it... huat the way up liao... hopefully huat the way down also... take it one day at a time...

good luck folks... des why must learn to filter the news noise...

i remember you mention something about being in cryptos... congrats!!! double win for you...  :thumbsup: