Keep USD or convert back to SG dollar?

[wuqi256]

A couple of associates of mine have liquidated their overseas shares and are thinking of bringing back the money to SG. However, with the recent move by MAS and conflicting news globally.

They are not sure whether to keep it in USD for the next 6 months or convert to SGD. Its a big enough sum that any major dip or increase would matter.

Currently from http://www.xe.com/ucc/convert.cgi, it seems to be 1.4734 SGD thereabouts to 1 USD.

 

[tonychat]

Why not try putting in Euro?

 

[SIFU]

Why not try putting in Euro?

what the fuck you know:oIo::oIo:

why not u shut up and die:oIo::oIo::oIo:

 

[kiss]

looking at my charts, most majors are bottoming against USD.

The next 6-12 mths, be ready for USD to go south.

 

[Conan the Barbarian]

A couple of associates of mine have liquidated their overseas shares and are thinking of bringing back the money to SG. However, with the recent move by MAS and conflicting news globally.

They are not sure whether to keep it in USD for the next 6 months or convert to SGD. Its a big enough sum that any major dip or increase would matter.

Currently from http://www.xe.com/ucc/convert.cgi, it seems to be 1.4734 SGD thereabouts to 1 USD.

Put some in Aussie, and some in Euro. Aussie still pays pretty good interest too, compared to the rest.

Don't leave more than 25% cash holdings in Sing$ at the moment. Both Sing and USD should depreciate in the long run compared the a/m currencies.

 

[TeeKee]

Rmb is da best!

It is slowly rising Against every other currencies!!

 

[wuqi256]

Thanks everyone, especially Conan and Teekee!! I also liquidated some yesterday. Bac seems to be heading north again, my friend insisted i buy at 9 dollars but i didn't yesterday. Its went up to 10.38

 

[wuqi256]

Thanks to Kiss and all other fellow forummers for their replies

 

[prince123456]

buy gold ..

power ..

 

[angie II]

<table class="XEtbl_sub" width="100%" align="center" border="0" cellpadding="1" cellspacing="0"><tbody><tr><td class="XEenlarge" width="45%" align="right">1,000.00 SGD<!-- WARNING: Automated extraction of data is prohibited under the Terms of Use. -->

</td> <td class="XEenlarge" valign="top" align="center">=

</td> <td class="XEenlarge" width="45%" align="left">4,638.55 CNY<!-- WARNING: Automated extraction of data is prohibited under the Terms of Use. -->

</td> </tr> <tr> <td class="XEenlarge" align="right">Singapore Dollars </td> <td class="XEenlarge" valign="top" align="center"> </td> <td class="XEenlarge" align="left">China Yuan Renminbi </td> </tr> <tr> <td class="XEenlarge" align="right">1 SGD = 4.63855 CNY<!-- WARNING: Automated extraction of data is prohibited under the Terms of Use. --></td> <td class="XEenlarge" valign="top" align="center"> </td> <td class="XEenlarge" align="left">1 CNY = 0.215584 SGD</td></tr></tbody></table>

​

 

[VIBGYOR]

buy gold ..

power ..

gold onli works when there is war...

do u think obama wants to have another?

 

[Lee Hsien Tau]

gold onli works when there is war...

do u think obama wants to have another?

Maybe not Obama, but Osama sure as hell won't mind....

 

[VIBGYOR]

Maybe not Obama, but Osama sure as hell won't mind....

where is he? after Bush 2nd term election, he's nowhere to be found?

retired from spec ops already?