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14 comment(s). Last comment by Ny036 2015-06-09 21:31

Fosterrrr

94 posts

Posted by Fosterrrr > 2015-06-08 21:12 | Report Abuse

How many times u keep saying 20 points up and all based on several news u deemed positive. What happened now zzzz. Better u don't post anything no one will say u deaf / mute la.

ks55

4,221 posts

Posted by ks55 > 2015-06-08 21:15 | Report Abuse

Who paid the loan? 1 MDB has no money.....

ktrader

1,897 posts

Posted by ktrader > 2015-06-08 21:29 | Report Abuse

hahaha..I'm thrilled !!!

izoklse

5,272 posts

Posted by izoklse > 2015-06-08 21:48 |

Post removed.Why?

kingcobra

2,772 posts

Posted by kingcobra > 2015-06-08 21:55 | Report Abuse

nowadays all sort of unbelievable news cropping up...see with own eyes 2 believe!

Posted by BorneobinMalaya > 2015-06-09 18:59 | Report Abuse

ARUN PUNDEK KANDANG BABI.

Ny036

717 posts

Posted by Ny036 > 2015-06-09 20:42 | Report Abuse

KS55, I intend to change all local cash into foreign currency. In your opinion and with your vast experience what is your forecast the best currency that worth to invest for long term. I only ask your advise for second opinion n final decision is still will made myself. I m looking at china yuan, New Zealand, Singapore dollar , usd. Thanks in advance if you can assist.

andychucky28

1,600 posts

Posted by andychucky28 > 2015-06-09 20:45 | Report Abuse

Ny036, yes it is a good move. If MYR drop to 5.00, you will earn a 25%, if only you change it back to MYR.

Ny036

717 posts

Posted by Ny036 > 2015-06-09 21:00 | Report Abuse

Andy, my intention is to withdrawn partly my epf n keep in foreign currency. Hope the foreign currency will appreciate against ringgit and also the foreign currency is with interest rate but it will not as high as 6%. Maybe around 2.7% to 4.5% per annum. Thanks.

andychucky28

1,600 posts

Posted by andychucky28 > 2015-06-09 21:07 | Report Abuse

Anyway, EPF 6% is not attractive anymore. Some of your local banks are giving 7% FD per annum for 6 months. Please check.

Ny036

717 posts

Posted by Ny036 > 2015-06-09 21:18 | Report Abuse

My prediction is within 5 year china yuan will 1:1 with RM. Currently they give 2.7% interest. Just lost confidence with RM. Around a year ago is 1:2 with china yuan.

andychucky28

1,600 posts

Posted by andychucky28 > 2015-06-09 21:21 | Report Abuse

Not only Yuan my friend. MYR is the worst performer in the region. Just compare to Singapore $, Thai bath, Peso, or even Vietnam Dong is better if compare to 10 years ago.

Ny036

717 posts

Posted by Ny036 > 2015-06-09 21:24 | Report Abuse

I invested in Singapore few year back but the interest is very low. Now my target is china yuan. Moreover G7 will include yuan as a reserve currency.

Ny036

717 posts

Posted by Ny036 > 2015-06-09 21:31 | Report Abuse

I think invest in share quite risky especially short term unless you are really expert n quick with firm heart. Probility of losing is very high. However if there a a crash the it is a opportunity. Miss the 2008 chance. Invest in foreign currency n property (plantation) is my other choice.

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