Quote:
Originally Posted by adidas88
asset rich is not so favourable during downturn ..
liquid asset is better ...
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Oh I see .. in my financial philosophy fixed assets like houses do appreciate over time even during downturn but then cash in bank will depreciate in real value due to inflation. So you are likely to be a winner in the end
Quote:
Originally Posted by adidas88
.. becoz u forecast it will hit 5.2 in nov mah ... |
Then you should opt for 2 months forward rates
for RMB to depreciate against SGD