This entry was posted on November 1, 2006 at 12:48 am and is filed under Ringgit. You can follow any responses to this entry through the RSS 2.0 feed.
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[...] By coincidence after my last post I came across this note on the ringgit. Being aware of currency strengths and weaknesses is important because it is no good making money trading while your currency is weakening. That is like swimming against a tide. The 2 biggest enemies to your portfolio are inflation and currency depreciation. Luckily for us Malaysians, we are fortunate enough (in my opinion) to live at a time when the ringgit is set to strengthen, so I am happy parking a lot of cash there right now. [...]
[...] coincidence after my last post I came across this note on the ringgit. Being aware of currency strengths and weaknesses is important because it is no good making money [...]
November 1, 2006 at 3:14 am
[...] By coincidence after my last post I came across this note on the ringgit. Being aware of currency strengths and weaknesses is important because it is no good making money trading while your currency is weakening. That is like swimming against a tide. The 2 biggest enemies to your portfolio are inflation and currency depreciation. Luckily for us Malaysians, we are fortunate enough (in my opinion) to live at a time when the ringgit is set to strengthen, so I am happy parking a lot of cash there right now. [...]
October 28, 2007 at 8:27 am
[...] coincidence after my last post I came across this note on the ringgit. Being aware of currency strengths and weaknesses is important because it is no good making money [...]