Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Stock Market V13, Stock Market Chat, Traders and Investors Chit Chat

views
     
achcmy
post May 28 2008, 01:01 PM

Getting Started
**
Junior Member
205 posts

Joined: Jun 2007


QUOTE(AdamG1981 @ May 28 2008, 01:00 PM)
I won't suggest to buy just yet. Wait for a further drop in blue chips counter before going in. It's still early.
*
Yeah.. I second that.. The thing for now is it's no longer about the price but the timing... Where do you guys think would be the next resistance level for KLCI?


achcmy
post May 28 2008, 01:06 PM

Getting Started
**
Junior Member
205 posts

Joined: Jun 2007


QUOTE(AdamG1981 @ May 28 2008, 01:02 PM)
I am looking forward for RAB to increase IR by another 0.5 basis points, or 2 more IR increase. SO, buying the aussie dollar now and hold till the end of this year will earn a much better rate of return compare to buying equities in Malaysia. Just my 2 cents.
*
Based on latest currency rates i got from HL Bank and Public Bank, you can get around 7.2% per annum. So for RM100k investment, that would be roughly around RM7k after minus admin charges...


Added on May 28, 2008, 1:08 pm
QUOTE(cherroy @ May 28 2008, 12:58 PM)
You can get away with the commission charge through DCI investment.

Putting Rm100K into AUD, can mean extra 3-4k pa. aka extra RM300 pocket money per month already. But yes, you are exposed to currency risk. So by no mean it is risk free.
Just sharing information and personal opinion.
*
What is DCI investment?

This post has been edited by achcmy: May 28 2008, 01:08 PM
achcmy
post May 28 2008, 01:18 PM

Getting Started
**
Junior Member
205 posts

Joined: Jun 2007


QUOTE(howszat @ May 28 2008, 01:14 PM)
You mean RBA? Yeah, I think the RBA may hold or increase, whereas the RBNZ could decrease the rate, so beware of the NZD.

Though the Aussie exchange rate may already have the expectations built in.
*
Question: If i put rm10k into NZD FD today @ 8.2% per annum for 12 months and next month Central Bank of NZ decrease the rate, I would not be affected, right?
achcmy
post May 28 2008, 01:23 PM

Getting Started
**
Junior Member
205 posts

Joined: Jun 2007


QUOTE(AdamG1981 @ May 28 2008, 01:19 PM)
You will be affected if the real inflation rate increases. I doubt the RBNZ will decrease IR anytime soon.
*
Hi AdamG,

How is that going to affect me if the real inflation rate increase? In real world terms or finance terms?

Thanks


Added on May 28, 2008, 1:26 pm
QUOTE(howszat @ May 28 2008, 01:22 PM)
When the Reserve Bank of NZ drops the rate, the NZD exchange rate will also follow (ie drop). Your deposit is locked up for 12 months, the question is what exchange rate you will get at the end of 12-months.
*
Ok. Got it. So in paper value, it's still there. Is it safe for me to say that we stand to benefit if Central Bank decrease the IR after we locked in the higher IR previously?

This post has been edited by achcmy: May 28 2008, 01:26 PM
achcmy
post May 28 2008, 02:26 PM

Getting Started
**
Junior Member
205 posts

Joined: Jun 2007


QUOTE(cherroy @ May 28 2008, 02:22 PM)
I don't know about local banks, but mostly foreign banks I familiar with, have it.
*
I know some local banks have something called "Multi Foreign Currency" FD. Is this the same?
achcmy
post May 28 2008, 03:16 PM

Getting Started
**
Junior Member
205 posts

Joined: Jun 2007


QUOTE(zamans98 @ May 28 2008, 03:08 PM)
yes and no.

you can do couple of buy/sell transaction, say PBank, then the end profit would beat Foreign FD. And don't forget the time frame too.

GDP make no sense to many, that's for sure.
*
I believe this is about diversification of the investment and not really about which investment provides the best value.
achcmy
post Jun 4 2008, 03:56 PM

Getting Started
**
Junior Member
205 posts

Joined: Jun 2007


QUOTE(AdamG1981 @ Jun 4 2008, 03:55 PM)
So we are looking at fuel rebates? How about fuel prices? Will be @ current market prices?
*
Wira consider small car?
achcmy
post Jun 4 2008, 05:11 PM

Getting Started
**
Junior Member
205 posts

Joined: Jun 2007


QUOTE(kinwawa @ Jun 4 2008, 05:10 PM)
fuel increase 72cents...to RM2.70!!!!!!!!!!!!!! OMG....i wan go c scooter liao!!!!!!!!!!!!
*
Where u get the information from??
achcmy
post Jun 5 2008, 11:09 AM

Getting Started
**
Junior Member
205 posts

Joined: Jun 2007


QUOTE(Vv.SoViEt.vV @ Jun 5 2008, 11:05 AM)
guys be ready, another wave coming. Chances are, opposition will dominate peninsular Malaysia in the next election.
*
If there's any wave coming, I don't think you are ready for it... smile.gif

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0190sec    1.70    7 queries    GZIP Disabled
Time is now: 27th November 2025 - 09:02 AM