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well, playing with $.
consider buying Ringgit, if the change of gov comes into reality. sell it near Chinese NY. Your choice loh.
Below are my observations and views on the various asset classes : 1) Cash - low interest rates; 2) Stocks - downtrend; 3) Real estates - same as stocks; 4) Foreign currencies vs S$ - US$ and RMB - uptrend; Euro, GBP, Yen, A$ and NZ$ - downtrend; 5) Natural resources - same as stocks and 6) Precious metals - same as stocks. My conclusion is, therefore, to buy US$ and/or RMB as small retail investors living in Singapore have not much choices
Good Companies with high dividend yields like Starhub, SingTel, or Capitalland. C-Emptor! Cheers!
Anyone interested to put some of your money somewhere safe and good returns?
Spending it? Ya, only if spending it means investing our money in somewhere safe and with good returns.
EU $ taking over USD as global money for trades and finance and everything else is quite impossible. Def won't happen in my lifetime.
With such a volatile market, best, my view, stay aside with Forex until USD is stable or EU $ takes over USD as global money for trades and finance.
how about just spending it?
Where to put money in fixed deposit RMB with a good interest rate?
Since most food items becoming more expensive by the day, how about stoking up all as much food items as possible. You could even start doing food item tradings with your neighbours to make kopi money.
Today, walking thru ntuc supermarts, saw most special offer items all snapped up! Wonder who did it. Could it be small businesses hoarding them to sell at profits.
Fixed deposits also dun give much returns. The interest is like less than 1%. Even for Maybank, it's like about 2%. Perhaps it's time to look at real estate sector. Relatively low risk and good returns. Coupled with the exchange rates, should be not bad.
A few yrs ago, I made my choice to put my S$ is Foreign Currency FD. NZ$. I put a small 5 figure in NZ$ when it was about NZD$1= S$1.03. With high interest rate averaging abt 5-7% pa, + NZD appreciating, today my investment has doubled and still growing, with NZD$1 = S$1.12..... This is not an advice to pump ur $ in NZD. Just sharing my personal experience
Elfin... :)
Wow... that was really a value-packed post you gave us before you go... hehehe... 
eldarchen, hedge your positions. time to go safer. year of the earth rat; what's of value goes underground. stay under the radar; or go fast to survive.
longer term instruments:
fixed deposits (maybank is good). forex/FD: NZD. Aussie. RMB. Yen. Don't keep S$ cos the govt is sure to drop it to make our exports competitive. ie, double whammy: stocks drop, S$ also drop, our inflation and costs have gone up. Gold on dip: citibank massively bought gold (think 7,000 lots on the streettracks GLD USD fund) at 97. so anything below that is a strike.
short term: puts. But be careful of mar 18/19: tech rebound: enter puts then. pivot range is 2600-2700.
game play time.
liquidate all unnecessary positions; get ready to buy good blues for long term (not so soon). Meanwhile, trade if you've the appetite for it.
elfie extending hols. won't be back til 28th. heehee. see ya all! :)
Good question to ask.
Cash is king meh? With the inflation at approximately 6% and rising cost of living etc, I think your $1 today will be worth less than $1 in yrs to come. Think long term guys.
Besides stocks, shares, gold and oil, there are other investment engines in the market that is worth looking at, be it good times, bad times. Doesn't matter what kind of engine, as long as the engine can help you make good returns, it's a good engine.
Cheers!
But you can still sell what you don't have...
(Ask Nicky Ng)...
Hey guys: Come to think of it, it's really not so bad.
It is better not knowing where to put your money than having no money to put. What a good problem to have! Cheers!
Aunt Fairygal... :)
It's good to see you have time for interaction at Sharejunction... hehehe..
Nicky, Yes, with teenagers. So you see, quality time is very important in terms of communication. Quantity time as well. Depending on your lifestyle, it can be big $ , small $, or foc. When you sit down to chit chat, it's really up to you the venue. You go expensive place, big $ lor. My kids always ask for Mc Mummy's meal. Also, don't forget your follks as well. Singapore is so fast paced, and they really have no one to talk to because we are always busy, or busy with the grandchildren. Watching movie at home is another great interaction time, provided each and everyone else is not on the line, on the hp or sms-ing la.
Had wanted to go long term on a couple of counters this morning, but change my mind with the kind of news and decline. Still the same old saying for me: Cash is King for now!
Besides commodities like gold, currencies like the Japanese yen and Chinese RMB which are strengthening against the Sing $ could also be considered. For those who dislike the forex market for one reason or another, you could just convert whatever amount you feel comfortable with a money changer.
NickNg... :)
You are such an inpiring chap!...